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Denver Metro Area

Apartment Vacancy
and Rent Survey
Fourth Quarter 2015
Sponsored by

Apartment Association of Metro Denver


Apartment Realty Advisors
Colorado Housing and Finance Authority
Colorado Division of Housing
Multifamily Capital Advisors
Pierce-Eislen
Silva-Markham Partners, LLC
Xfinity Communities
Contributing Sponsor

Denver Housing Authority


Researched and authored by
Ron L. Throupe, Ph.D.
University of Denver
Daniels College of Business
Burns School of Real Estate & Construction M anagement
944 Aztec Dr.
Castle Rock, CO 80108
(425) 681-6602 voice
rthroupe@du.edu
Jennifer L. Von S troh
Colorado Economic and M anagement Associates
2581 East Wynterbrook Drive
Littleton, Colorado 80126-4519
303-818-0510
VonStrohHousingSurvey@gmail.com
Copyright 2016

Survey Sponsors
Apartment Association of Metro Denver
7100 E. Belleview Avenue, Suite 305
Greenw ood Village, CO 80111
Mary Wessler, President
Mark Williams, Executive Vice President
Phone: (303) 329-3300; fax (303) 329-0403

Apartment Realty Advisors


1800 Larimer Street, Suite 1700
Denver, Colorado 80202
Jeff Haw ks, Principal
Phone (303) 260-4400; fax (303) 260-4234

Colorado Housing and Finance Authority


1981 Blake Street
Denver, CO 80202
Cris A. White, Executive Director
Phone: (303) 297-2432; fax (303) 297-2615

Colorado Division of Housing


1313 Sherman Street
Denver, CO 80203
Pat Coyle, Executive Director
Phone: (303)-866-2033

Pierce-Eislen
9200 East Pima Parkw ay, Suite 150
Scottsdale, AZ 85258
Ronald G. Brock, President/CEO
Phone: (480) 663-1149; fax (480) 663-6269
Email: info@pi-ei.com

Multifamily Capital Advisors


6950 E. Belleview Avenue, Suite 320
Greenw ood Village, CO 80111
Jerry Kendall, Managing Director
Phone: (720) 280-7431
Email:jerrykendall@multifamilycap.com

Survey Authors and Researchers


Ron L. Throupe, Ph.D.
University of Denver
Daniels College of Business
Burns School of Real Estate & Construction Management
944 Aztec Dr.
Castle Rock, CO 80108
(425) 681-6602 voice
rthroupe@du.edu

Silva-Markham Partners, LLC


5291 E Yale Ave.
Denver, CO 80222
Vivian Markham, Senior Vice President
Phone: (303) 835-8181
Email:info@silva-markham.com
www.silva-markham.com

Jennifer L. Von Stroh


Colorado Economic and Management Associates
2581 East Wynterbrook Drive
Littleton, Colorado 80126-4519
303-818-0510
VonStrohHousingSurvey@gmail.com

Xfinity Communities
8000 E. Iliff Ave.
Denver, CO 80231
Jason Dembouski, Market Development Manager
Phone: (303) 710-4754
Email:Jason_dembouski@cable.comcast.net

The sponsors of the Denver Area Apartment Vacancy and Rent Survey contract w ith an independent researcher to
produce this report. No individual information is released by the researcher to a sponsor or to the public.
Copyright 2016

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Section I - Overview
Table of Contents

Executive Summary

I-1

Map of Vacancy Rates


Map of Average Rents

I-3
I-4

Vacancy Rates by County and Market Area


Current Survey Responses

I-5
I-6

Report Description and Methodology

I-7

Metro Denver Vacancy & Rent Report


EXECUTIVE SUMMARY 4TH

Vacancy Rate

QUARTER 2015

10%

6.8%
Last Quarter: 5.0%

$1,400
$1,342

9%

$1,283

8%

$1,225

7%

Average Rent

$1,292
Last Quarter: $1,292

5%

$1,050
$992
$933

3%

$875

2%

$1.52

$1,108

4%

Average per sq. ft.


Last Quarter: $1.50

$1,167

6%

$817

1%
0%

Discount / Concessions

$758
10Q4

11Q2

11Q4

12Q2

Line: Percent Vacant

6.1%
Last Quarter: 7.9%

12Q4

13Q2

13Q4

Bar: Average Rent (in dollars)

15Q2

15Q4

$700

PREV. YEAR

Vacancy Rate

Average Rent

Rate (/sq. ft.)

Adams

5.6%

$1,197

$1.44

13.7%
Last Quarter: 13.6%

Arapahoe

6.2%

$1,229

$1.44

Boulder/Broomfield

7.6%

$1,494

$1.67

Net Absorption (Units)

Denver

7.6%

$1,314

$1.64

Douglas

9.3%

$1,446

$1.49

Jefferson

5.3%

$1,266

$1.46

-4,247
Last Quarter: 376

Yearly Economic Vacancy


23.4%

25.1%

24.3%

(Average of all four quarters)

Hottest Sub-Markets
Wheat Ridge

Denver - W. Central

Boulder - University

Denver - Northeast

Englewood, Sheridan

Denver - Southwest

2.6%

23.3%
18.5%

17.5%

17.7%

17.0%

16.6%

15.2%

13.7%

12.7%

13.1%

14.1%

2.7%
3.3%

Year

14Q4

County Overview

Economic Vacancy

2002

14Q2

2003

Q1

2004

2005

Q2

2006

Q3

2007

2008

Q4

2009

Average

2010

2011

2012

2013

2014

2015

3.5%
4.1%
4.2%

OVERALL COMMENTS:

VACANCY RATE:
THIS QUARTER:
Last quarter:
This quarter 2014:
This quarter 2013:

6.8%
5.0 %
4.6 %
4.6%

Six counties were up in their vacancy rate.


Twenty nine market areas showed an increase in their vacancy rate, while seven
showed a decrease, and one did not have enough units participate to report.
Buildings with 200-349 units had the highest vacancy rate at 7.6
%. Buildings with up to 8 units had the lowest vacancy rate of 1.0%.
Historically, larger buildings have the highest vacancy rates.
Buildings constructed since 2010 had the highest vacancies at 20.9 %. Those
constructed between 1940-1949 had the lowest vacancy rate at 1.5 %.
Efficiencies were 7.3 % vacant; one-bedrooms 6.6 % vacant; two-bedroom one bath
5.7 %; two-bedroom, two bath 7.4 % vacant; and three bedroom 6.7 % vacant.

RENTAL RATES:
AVERAGE RENT:
Last quarter:
This quarter 2014:
This quarter 2013:

$ 1,291.89
$ 1,291.85
$ 1,168.65
$ 1,041.61

MEDIAN RENT:
Last quarter:
This quarter 2014:
This quarter 2013:

$ 1,244.66
$ 1,251.54
$ 1,123.81
$ 990.31

RENT / SQUARE FOOT:


Last quarter:
This quarter 2014:
This quarter 2013:

$ 1.52
$ 1.52
$ 1.39
$ 1.23

AVERAGE RENT FOR UNITS CONSTRUCTED:


2010-now
$1,713.77
2000-2009
$1,429.57
1990-1999
$1,439.35
1980-1989
$1,194.64
1970-1979
$1,022.60
1960-1969
$ 1,087.09
1959 and prior
$ 1,017.17
Rents do not include the cost of rental discounts and concessions. For the
fourth quarter of 2015, rental discounts and concessions averaged 6.1
percent, down from 8.6 percent for the prior quarter.

ECONOMIC VACANCY:
THIS QUARTER:
Last Quarter:
This quarter 2014: 13.3%
This quarter 2013: 12.9%

13.7 %
13.6 %

Economic vacancy is defined as physical vacancy plus concessions and discounts as


a percent of gross potential rent.

INVENTORY:
NEW UNITS: 1,678

TOTAL UNITS: 313,549

For the current quarter, there was a net absorption of -4,247 units for the metropolitan
Denver area. For all of 2015, 864 units were absorbed. For all of 2014, 8,631 units were
absorbed. For all of 2013, 4,613 units were absorbed. For all of 2012, 3,368 units were
absorbed. Absorption is the net change in the number of apartment units rented in the
current time period (quarter/year) compared to the previous time period (quarter/year).

Given further increases in the number of new additions to the inventory this quarter and
over the last two plus years, the recent trend in the Denver metro unemployment rate,
normal seasonal vacancy changes, continued immigration, and an increase in metro area
natural population, a rent pullback and an increased vacancy rate are both expected, with
some variation across certain submarkets. Historically the vacancy rate is higher in the
fourth and first quarters than the second and third quarters, which we see again this year.
The number of new units added to the inventory during 2015 as expected increased, as
seasonal construction was completed and permitted construction obtained certificates of
occupancy. 1,678 new units were reported for this quarter. Thus as expected there were
jumps in sub markets vacancy while new units are absorbed, and the first pronounced
increase in the Denver overall vacancy. The overall average rent for the last ten years
has increased from around $800.00 in 2002 to over $1,291.89 this quarter. The overall
vacancy rate was at 6.8%. Absorption was negative for the quarter with 4,247 units returning to the available inventory. The absorption and new supply numbers will continue to be
watched closely with significant new additions expected to the apartment stock over the
next several quarters.
The Denver Area Apartment Vacancy and Rent Survey reports median and average rates,
and, as a result, there are often differences in rental rates and vacancy rates by apartment
type, size, location, and age of building/complex. These variances are more pronounced
as the vacancy rate has fluctuated during the last several years. All information is based on
data received for the month of June, except for resident turnover and rental losses, which
is for May.
This survey is conducted via mail and online submissions. It includes only those units with
a certificate of occupancy. The third quarter 2015 Survey includes information on 121,002
apartment units. The Survey is possible because of the excellent participation and help of
professionals in the apartment industry and the consistent support of the Survey sponsors.
Comments on the Survey are welcome at VonStrohHousingSurvey@gmail.com.

SPECIAL TOPIC: In-Migration and Apartment Demand


In the summer of 2014 there was some concern that the downtown Denver apartment
markets real estate cycle was past a growth stage, even though rents continued to rise and
vacancy decreased. As we have seen this downturn did not materialize due to a combination of several factors. On one hand, labor shortages stretched out completion schedules,
reducing units supplied. Most importantly, though, there was an increase in the net
in-migration of population to the Denver market: statewide in-migration was adjusted upward by the state demographers office by approximately 10,000. This explained the added
demand for units that was apparent during new community walk-thrus. For instance an
unexpected increase of in-migration of say 7,000 people to the Denver metro area, with an
average household size of 2 leads to 3,500 new households. In recent times approximately
50% of new households have become renters leading to 1,750 unexpected apartment
units demanded in metro Denver. This phenomena explains what happened in 2014 and
part of 2015 (population estimates are July 1 to July 1).
This past year has seen apartment market participants continue to voice their concern of
the potential of overbuilding and a fall back in rents and increased vacancies. It is true that
new unit development has been brisk in comparison to other time periods, but that does
not necessarily mean that units cannot be rented or a downturn is imminent in pricing and
occupancy. The word crash has been used but that is typically part of a major national
economic downturn, not an overbuilding leading to slack in the supply/demand dynamics.
For the first half of 2015 Denver continued to be a magnet for people to relocate and inmigration continued to be strong, with an in-migration of approximately 68,000 statewide
between July 2014 and July 2015. Current questions include whether there is enough
demand for the new units even with in-migration absorbing more units, and whether net
in-migration continues at the current levels. The state estimates net in-migration for July
2015-July 2016 will be 62,000. The last quarter of the year typically experiences a seasonal
increase in vacancy and slight decline in rents. The 4th quarter of 2015 is no different, with
the exception that vacancy increased more than the historical seasonal change. Have we
finally reached the top of the apartment cycle, with declining rents and increasing vacancy
to follow? The answer to that question will be revealed in the historically strong quarters of
2016, quarters 2 and 3. We do know that recent increase of newly built communities entered in to the database may have contributed some to the vacancy increase shown (as new
buildings typically have higher vacancy), although some would say it is only a catch-up to
the shadow vacancy in some submarkets such as Union Station.
All this taken into consideration we expect a slower rent growth period going forward with
vacancy spikes in certain submarkets until household formations absorb supply. We do
not see a collapse in apartment demand, although there may be a greater percentage of
households to choosing single- family homes or condos in comparison to apartments. The
in-migration estimates support continued expansion of the apartment market and only a
lack of job growth will change this forecast.

METRO DENVER
SUBMARKETS

LONGMONT
6.0%
$1,295.39

(Individual Submarkets Defined on the Market Area


Descriptions
and Census Tracts Page at the end of each section.)

BOULDER

Red: Vacancy Rate


Blue: Average Rent

BOULDER (CITY) BOULDER (OTHER)


14.0%
5.6%
$1,531.72
$1,720.86

BROOMFIELD
UNIVERSITY
2.7%
$1,449.97
BROOMFIELD
6.2%
$1,529.43

ADAMS
NORTHGLENN / THORNTON
6.1%
$1,199.20

JEFFERSON

WESTMINSTER
5.0%
$1,198.23

COMMERCE CITY
6.2%
$1,200.79

ARVADA
4.4%
$1,265.47

GOLDEN
8.5%
$1,495.19

DENVER
DENVER NW
CITY PARK DENVER NE
17.4%
5.3%
4.1%
WHEAT RIDGE $1,750.20
$1,109.64
$1,150.62
DOWNTOWN
2.6%
11.2%
$907.44
$1,730.65
LOWRY
DENVER WC CAP HILL
6.9%
5.3%
3.5%
$1,303.67 $1,086.40
$1,041.41
LAKEWOOD N
6.2%
$1,225.57

LAKEWOOD S
4.6%
$1,298.73

DENVER SW
4.2%
$1,232.98

GLENDALE
WASH PARK
5.8% DENVER SE 18.6%
$1,495.99
7.3%
$1,308.23
$1,192.35
DENVER
FAR SE
6.8%
$1,155.51

ENGLEWOOD
SHERIDAN
3.3%
$1,242.10
LITTLETON
8.3%
$1,285.26

ARAPAHOE
COUNTY S
6.0%
$1,378.41

DOUGLAS
CASTLE ROCK
6.8%
$1,251.98

AURORA NORTH

AURORA CNW
8.1%
$1,088.54
AURORA CSW
4.9%
$1,159.52

AURORA CNE
5.8%
$1,053.64

AURORA CSE
5.7%
$1,104.20

AURORA SOUTH
4.9%
$1,273.22

ARAPAHOE
ARAPAHOE
COUTY SE
6.6%
$1,452.13

DOUGLAS
COUNTY N
9.6%
$1,466.08

Vacancy Rates by County and Market Area


(In Percent)
County/Market
Adams County
Aurora-North
Commerce City/Brighton
Northglenn/Thornton
Westminster
Arapahoe County
Arapahoe Co-South
Arapahoe Co-Southeast
Aurora-Central NE
Aurora-Central NW
Aurora-Central SE
Aurora-Central SW
Aurora-South
Englewood/Sheridan
Glendale
Littleton
Boulder/Broomfield
Boulder County-Other
Broomfield
City of Bldr-Except Unv.
City of Bldr-Unv. Area
Longmont
Denver City/County
Denver-Central/Capitol Hill
Denver-Downtown
Denver-East Central/Lowry
Denver-Far SE
Denver-North Central/City Park
Denver-Northeast
Denver-Northwest
Denver-South Central/Wash Park
Denver-Southeast
Denver-Southwest
Denver-West Central
Douglas County
Castle Rock
Douglas County-North
Jefferson County
Arvada
Golden
Lakewood-North
Lakewood-South
Wheat Ridge
Metro Average

2005

2006

1st

2nd

3rd

4th

1st

10.6
7.6
10.3
10.7
10.8
8.9
8.1
8.0
7.9
9.2
8.2
11.4
8.6
10.2
8.0
8.7
11.1
8.3
18.2
8.1
8.1
11.4
9.2
8.2
8.3
15.3
11.4
11.7
8.3
8.8
12.4
7.6
6.9
11.9
8.4
11.4
7.4
8.5
9.6
10.2
6.4
8.4
11.5
9.3

8.7
5.4
7.8
7.7
9.8
7.4
7.3
4.8
10.0
7.4
7.6
8.3
6.8
7.2
9.1
6.1
8.7
10.1
9.9
8.0
3.1
10.0
8.7
9.3
7.3
9.7
10.6
7.7
12.5
6.3
8.3
7.0
6.7
7.4
6.4
10.4
5.3
8.0
9.8
10.0
7.3
7.3
13.1
8.0

7.7
9.4
4.1
7.5
8.1
6.8
6.6
4.2
8.9
6.0
5.8
8.3
6.9
6.0
9.5
6.7
7.8
4.9
11.6
7.4
4.0
7.9
9.6
9.7
8.3
20.1
8.6
3.1
24.9
5.7
22.5
7.9
6.1
12.1
7.5
12.5
6.6
6.8
7.6
4.8
6.7
6.5
10.6
7.7

8.1
8.0
7.3
7.7
8.6
7.4
7.5
5.6
9.2
8.6
7.3
8.6
7.1
7.5
7.1
7.1
7.3
5.2
12.0
4.7
5.0
6.4
8.7
9.3
5.0
17.3
10.5
3.2
12.8
11.7
14.7
7.0
5.7
9.2
8.1
10.4
7.5
7.6
11.1
7.3
8.0
6.5
10.8
7.9

7.0
6.3
4.2
6.6
7.5
7.0
7.0
5.6
11.2
8.0
6.7
8.8
6.8
6.7
6.4
5.5
6.9
7.6
8.9
6.0
2.8
6.3
7.8
7.1
3.3
13.6
8.7
3.8
10.9
4.3
12.3
8.4
5.2
7.8
8.2
10.8
7.3
7.5
7.9
8.1
8.0
6.1
16.2
7.4

2nd

3rd

2007
4th

1st

2nd

6.1 6.4 7.4 7.8 6.3


6.2 6.4 8.5 8.4 10.9
4.3 5.6 9.4 3.2 3.2
5.6 6.1 6.9 7.1 6.6
6.8 6.7 7.5 8.3 6.1
6.8 6.7 7.4 7.8 6.1
5.9 6.6 6.4 5.6 3.8
5.4 3.9 7.6 4.4 5.1
11.8 12.5 9.6 8.4 10.7
6.8 14.6 7.1 7.2 6.1
7.4 6.4 6.8 6.9 4.9
7.5 8.1 10.4 13.5 7.0
5.7 4.2 5.6 7.7 7.1
6.5 5.1 6.6 7.0 6.6
9.0 7.5 8.3 8.2 6.6
5.5 4.9 5.8 5.6 4.7
7.0 4.8 5.5 4.7 4.0
7.2 4.5 5.5 3.9 3.7
7.5 4.3 5.6 4.8 4.5
8.8 6.0 5.6 4.3 3.2
3.0 4.1 1.6 0.8 5.9
4.7 4.5 7.6 8.4 3.9
7.6 7.3 6.9 7.2 6.1
6.0 7.0 6.7 7.0 5.1
4.9 8.0 6.7 7.8 7.1
6.1 6.5 7.9 8.0 7.8
10.0 9.7 6.2 6.9 5.2
5.1 3.1 6.7 1.8 1.6
13.7 4.1 7.3 7.2 6.9
5.4 6.2 3.1 4.3 6.7
12.7 13.1 14.0 12.1 9.6
6.2 4.4 6.7 7.1 6.3
5.6 7.7 6.3 6.3 5.4
13.0 6.7 6.3 5.4 5.8
5.7 6.4 7.0 6.4 5.8
7.2 6.4 6.6 8.0 5.9
5.5 6.4 7.2 6.0 5.8
7.3 7.2 6.6 6.3 7.4
9.2 7.9 6.2 8.1 8.0
6.7 6.0 7.2 5.3 10.4
8.2 8.1 6.4 6.5 8.0
6.4 6.6 6.6 6.0 6.7
9.2 9.7 7.2 6.7 6.9
6.9 6.7 7.0 7.1 6.2

3rd

2008
4th

1st

2009

2010

2011

2012

2013

2015

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

1st

2nd

3rd

4th

1st

2nd

3rd

4th

3rd

4th

5.9 7.4 6.4 6.8


4.3 4.1 6.2 6.4
3.7 4.8 5.2 4.0
7.2 8.7 6.6 7.9
5.1 6.7 6.4 5.9
5.0 6.0 6.5 5.9
3.9 4.8 4.8 3.0
4.4 5.3 11.2 5.7
8.9 7.1 7.0 5.3
4.8 7.0 7.3 6.2
4.2 4.2 5.2 7.8
5.3 5.8 5.9 5.6
5.1 6.8 5.2 6.5
5.5 5.4 5.1 4.4
6.3 7.6 9.0 7.3
4.4 5.5 5.7 5.0
3.6 5.4 5.7 6.4
5.2 3.3 3.3 4.3
4.1 6.0 4.9 4.9
2.6 2.0 3.2 3.3
1.9 3.7 3.8 4.4
3.2 11.5 15.1 19.6
5.7 5.5 5.1 5.7
5.9 5.0 4.7 5.4
4.3 4.9 3.6 4.6
5.5 5.0 5.5 5.8
5.3 5.3 5.0 6.7
3.0 3.4 2.4 3.8
5.5 6.0 8.1 7.3
3.7 3.7 5.1 5.0
7.2 6.6 8.8 9.9
6.9 6.9 4.5 4.3
6.8 4.1 6.1 6.0
8.4 15.0 5.6 4.5
5.5 7.0 6.1 8.3
5.4 7.3 6.7 7.3
5.6 6.9 6.0 8.6
5.3 6.0 5.6 6.0
4.7 5.4 6.4 6.0
5.5 5.5 5.8 5.7
5.9 7.1 6.2 8.1
5.3 5.6 5.3 5.2
4.7 8.6 6.1 7.9
5.3 6.1 5.9 6.2

7.5
13.7
5.2
8.8
5.6
6.9
4.4
6.3
13.0
8.1
10.0
7.4
5.7
5.1
7.5
4.4
4.7
3.6
5.5
2.4
1.1
10.5
6.0
6.6
5.4
4.4
7.0
4.0
7.6
5.1
7.5
5.1
5.4
4.5
5.9
6.9
5.7
6.5
5.1
5.1
6.9
6.7
9.1
6.5

8.8
11.8
8.3
8.9
8.5
8.3
5.5
9.0
11.9
10.3
10.0
8.4
7.0
7.4
8.5
7.3
6.1
6.6
7.2
3.0
0.6
8.7
8.0
7.6
7.6
7.5
8.7
5.2
8.1
7.9
9.1
8.5
6.9
6.9
7.4
7.7
7.3
7.3
5.6
8.4
6.9
7.6
9.2
7.9

8.4
22.2
8.3
8.2
7.3
9.7
6.4
15.7
11.9
13.9
14.3
6.6
7.9
7.4
8.9
5.2
6.0
6.0
6.7
3.6
2.4
8.9
8.6
9.5
8.4
8.0
10.9
4.4
4.6
5.6
8.0
7.9
5.9
2.3
7.1
7.9
6.9
7.6
8.1
7.5
7.8
7.0
12.2
8.4

8.5
17.3
7.9
8.7
7.5
10.7
4.3
10.5
13.5
12.8
14.1
8.6
12.4
8.4
10.0
6.6
7.2
5.1
7.0
6.6
11.4
9.1
9.8
9.6
7.8
8.5
16.4
10.2
6.6
4.5
9.4
7.4
5.3
8.6
5.8
9.4
4.9
7.2
6.7
9.4
6.3
6.5
12.5
9.0

6.7
11.8
2.3
6.0
7.4
8.5
5.3
6.9
12.4
9.5
7.0
9.3
7.8
13.7
9.7
5.0
5.5
4.9
4.0
7.2
3.5
7.8
8.5
7.3
7.2
5.5
14.7
5.0
7.9
3.5
10.0
7.2
5.9
10.1
4.3
8.5
3.9
6.3
5.7
8.1
5.2
6.2
9.2
7.4

6.3
9.0
7.2
6.3
6.2
8.6
3.9
7.8
15.1
9.8
7.3
7.8
8.9
9.3
9.6
10.9
5.8
4.9
5.1
5.8
2.0
12.8
8.8
7.7
6.8
6.4
15.5
8.9
6.1
5.3
11.0
6.8
5.8
7.8
5.5
11.0
4.9
7.3
7.3
7.5
8.8
6.4
11.7
7.7

6.8
10.7
2.1
5.6
8.6
7.2
3.1
6.0
7.2
7.5
5.6
9.1
8.6
7.6
8.0
5.7
5.0
5.3
5.1
4.9
1.5
6.4
6.9
7.3
5.9
7.2
9.6
5.7
5.2
4.5
11.8
5.0
5.4
11.9
4.4
6.3
4.2
5.8
5.6
7.5
5.9
5.0
13.9
6.5

5.2
10.3
4.0
4.6
5.5
6.4
3.0
4.9
8.9
5.8
5.5
8.7
8.1
5.6
6.6
3.2
4.9
3.8
4.3
6.9
4.2
5.0
7.4
6.9
9.3
6.8
9.4
8.8
6.8
5.1
9.8
5.3
5.3
10.2
3.9
4.6
3.8
5.4
4.9
6.0
4.5
5.4
10.9
6.1

4.4
6.1
3.4
4.2
4.6
6.7
2.4
3.9
5.7
4.7
4.9
12.2
8.4
5.6
6.1
3.5
3.5
5.0
4.1
2.6
1.1
3.0
5.3
6.2
5.2
5.5
5.1
2.3
4.5
5.5
8.6
4.8
4.2
6.8
4.4
5.2
4.3
3.9
3.4
3.8
4.9
3.8
4.8
5.3

5.7
9.0
5.9
4.5
6.8
6.6
3.4
4.8
6.2
5.1
5.3
10.2
8.2
5.2
6.2
3.8
3.6
3.8
5.2
3.5
0.6
2.6
5.2
5.2
5.6
7.7
5.1
1.2
4.8
4.1
4.4
4.8
5.4
2.8
5.2
5.7
5.1
4.5
4.5
6.2
4.8
4.2
3.8
5.5

5.6
7.3
5.0
4.4
6.6
6.4
2.8
5.8
7.5
6.2
4.5
8.2
8.4
4.3
6.9
2.9
4.9
10.0
5.7
3.1
0.0
2.8
4.8
3.7
5.1
6.9
4.3
2.3
5.7
8.6
4.6
4.9
4.6
4.1
5.3
5.2
5.4
4.7
4.4
6.1
5.1
4.6
2.7
5.5

5.2
5.6
1.9
4.9
5.7
5.5
2.8
4.2
8.6
6.0
4.5
7.2
6.0
5.0
5.0
4.5
4.6
6.4
5.7
4.7
0.4
2.6
4.1
3.6
3.3
5.2
4.5
4.2
5.1
3.0
4.9
4.2
3.7
1.4
3.8
4.2
3.7
4.5
3.8
6.0
4.2
4.8
3.4
4.8

5.3
6.4
6.6
5.5
5.0
5.6
3.0
4.6
7.9
6.2
4.7
7.0
6.7
4.1
5.5
2.9
4.7
4.3
5.7
4.6
0.0
5.0
4.3
3.2
3.6
5.3
5.1
0.9
4.4
2.7
5.8
4.2
4.2
0.7
3.8
4.4
3.7
4.4
4.9
4.8
4.9
4.1
3.7
4.9

5.3
4.0
4.7
6.1
4.5
6.8
4.0
5.6
7.9
6.6
5.7
9.9
7.8
5.3
5.4
5.2
4.4
4.0
5.8
3.5
0.3
4.9
4.8
3.8
4.4
5.6
5.8
2.3
5.8
5.5
3.4
4.1
5.4
2.7
4.7
5.5
4.6
4.4
4.6
3.9
4.5
4.4
3.9
5.4

4.5
6.0
4.4
4.8
4.2
6.3
3.9
6.0
13.2
6.2
4.6
9.1
6.7
2.7
5.1
4.1
3.9
3.3
4.8
4.6
0.1
3.6
4.2
2.6
4.0
6.3
5.6
4.9
4.9
3.2
3.5
3.4
3.4
0.0
4.9
3.6
5.0
3.8
3.8
4.2
3.2
4.0
3.4
4.9

4.9
5.4
5.9
5.3
4.5
5.5
3.1
4.1
5.9
5.5
4.6
7.9
6.0
4.8
6.4
3.9
3.6
4.6
4.1
4.4
0.0
2.2
4.8
3.7
4.9
4.7
5.3
2.3
4.8
5.2
4.2
6.2
3.9
2.7
3.9
2.9
4.1
4.0
1.9
4.6
3.7
4.6
3.6
4.8

4.2
4.5
5.2
2.7
3.2 42.6*
4.9
3.8
5.8
4.4
4.8
3.5
4.1
4.3
4.1
4.8
5.0
4.1
3.2
3.3
3.4
3.6
4.9
4.2
3.8
3.8
2.3
5.2
6.1
5.3
4.6
4.9
3.8
6.1
7.6
3.8
4.7
4.5
4.3
3.8
4.3
4.4
6.9
3.6
5.0
4.7
5.5
3.5
2.9
3.7
3.2
3.3
3.5
4.7
3.9
6.2
4.5
1.8
1.9
1.4
0.3
0.2
0.3
2.9
2.7
2.3
4.3
6.1
5.4
2.5
2.9
2.9
5.7 11.1* 9.6*
6.6
6.9
6.8
4.4
4.6
4.5
1.5
5.1
3.3
3.9
6.5
4.2
3.3
3.6
0.0
4.1
4.0
4.9
4.8
7.6
6.1
2.9
2.6
4.1
8.2
5.9
6.2
4.1
4.2
6.5
2.4
4.6
4.1
4.5
4.2
6.8
3.7
4.2
3.7
3.5
4.1
4.5
2.6
2.1
3.7
5.4
4.3
4.9
3.6
4.6
3.2
2.3
3.6
3.2
4.3
4.9
4.6

3.8
4.0
3.8
3.6
4.0
4.5
2.6
3.9
4.1
4.7
3.0
3.4
6.2
5.6
7.6
2.4
3.8
3.7
4.5
3.4
0.5
3.6
4.6
4.1
6.9
4.2
4.3
2.1
4.8
1.2
6.1
3.1
4.9
3.3
2.9
1.4
3.1
3.7
3.8
4.9
4.3
3.3
3.2
4.2

5.7
5.6
2.8
6.1
5.5
4.8
3.7
4.3
3.0
6.4
3.4
3.6
6.3
3.8
7.3
3.2
2.8
3.4
3.3
1.0
2.0
2.6
4.6
4.6
6.1
4.1
4.0
3.2
3.1
3.8
10.0
3.6
3.4
3.1
3.5
1.5
3.9
3.6
3.4
3.1
3.1
4.0
2.5
4.4

5.3
1.1
2.8
6.3
4.5
5.2
3.4
5.9
3.0
5.6
3.3
4.1
7.3
4.6
7.1
3.8
3.4
3.8
3.6
3.9
0.0
3.3
6.1
5.6
10.9
6.2
5.3
3.2
6.3
3.9
6.5
4.5
4.0
4.6
5.0
1.9
5.6
4.6
3.9
3.6
3.4
5.6
3.5
5.2

4.7
3.7
21.0*
4.0
4.2
4.5
3.1
5.3
3.2
4.5
3.5
3.7
5.5
3.9
6.7
3.5
6.7
3.7
4.3
22.0*
1.8
1.3
6.8
6.4
11.8*
5.5
5.2
5.7
2.9
19.9*
8.8
3.5
9.9
3.1
3.7
1.7
4.0
3.4
4.2
3.3
3.2
3.3
3.2
5.1

4.5
0.9
9.2
4.4
4.5
4.6
2.7
5.8
4.4
4.1
3.4
4.2
6.0
4.3
5.7
3.3
4.4
6.3
4.5
4.2
2.3
3.0
5.6
6.5
7.7
4.3
3.6
4.1
4.8
12.0
18.4
3.4
1.9
2.7
3.8
2.3
4.0
3.7
3.2
3.7
3.4
3.9
3.5
4.7

3.9
2.3
3.5
4.2
3.6
4.6
3.1
9.4
3.7
4.0
3.3
4.0
4.6
3.6
4.9
6.1
3.3
4.2
3.6
3.1
2.3
2.5
3.5
2.3
4.3
3.8
3.2
2.2
3.5
2.6
7.1
3.6
1.8
3.2
3.7
3.1
3.8
3.2
4.5
2.1
2.9
2.9
2.7
3.9

3.7
4.0
3.9
4.4
1.0
0.0 10.4
3.0
4.0
3.1
3.2
3.4
4.2
5.3
3.7
4.5
3.3
2.8
3.9
4.1
4.9
4.9
5.0
5.5
4.7
4.5
3.1
4.8
5.2
5.5
5.5
4.8
2.4
3.6
2.2
5.2
8.5
6.2
5.8
4.7
3.8
3.1
5.5
5.0
4.0
4.6
3.3
4.7
4.5
3.7
4.8
3.7
3.5
3.4
4.7
4.5
6.6
5.8
6.5 25.6*
3.8 13.0* 9.4*
7.4
7.2
6.0
4.8
3.6
4.9
2.9
5.3
3.0
10.7 9.2*
5.4
4.1
5.4
3.8
4.7
4.3
3.5
5.1
5.6
3.0
2.7
1.8
3.0
3.4
4.6
6.3
4.9
5.3
6.9
5.4
3.5
4.0
4.5 11.1* 9.1*
9.7
6.8
4.1
3.7
1.6
4.2
7.0
3.5
3.7
2.4
4.5
3.0
3.6
3.3
3.0
2.3
2.7
3.1 11.4* 28.5* 43.3*
5.7
6.1
4.7
2.0
3.8
4.4
3.9
3.5
2.8
3.6
2.6
3.5
1.8
3.5
3.2
3.8
4.0
4.5
3.4
4.4
3.3
3.3
1.9
1.2
4.2
4.7
3.5
4.7
3.8
3.2
3.4
5.1
2.9
2.3
2.7
3.9
3.4
3.8
6.5 18.5*
3.9
2.2
2.6
2.9
4.5
3.8
3.8
5.8
1.5
1.6
1.6
1.0
4.7
4.9
4.5
5.0

6.2
6.1
5.0
6.2
6.0
6.6
5.8
8.1
5.7
4.9
4.9
3.3
18.6*
8.3
7.6
14.0*
6.2
5.6
2.7
6.0
7.6
5.3
11.2*
6.9
6.8*
5.3
4.1
17.4*
5.8
7.3
4.2
3.5
9.3
6.8
9.6*
5.3
4.4
8.5*
6.2*
4.6
2.6
6.8

* vacancy rate affected by new units leasing up

I-5

4th

2014

2nd

1st

2nd

5.6

Current Survey Responses


Number Vacant
Totals for Denver Area

Units Reporting

Vacancy Rate

8,178

121,002

6.8

By County
Adams

883

15,640

5.6

2,179

35,039

6.2

Boulder

736

9,638

7.6

Denver

2,719

35,922

7.6

Douglas

813

8,697

9.3

Jefferson

848

16,066

5.3

Arapahoe

By Market Area
Adams County
Aurora-North
Commerce City/Brighton

37

595

6.2

Northglenn/Thornton

629

10,250

6.1

Westminster

315

6,318

5.0

Arapahoe County - South

136

2,259

6.0

Arapahoe County - Southeast

285

4,345

6.6

Aurora - Central Northeast

138

2,395

5.8

Aurora - Central Northwest

207

2,563

8.1

Aurora - Central Southeast

238

4,151

5.7

Aurora - Central Southwest

405

8,304

4.9

Aurora - South

204

4,123

4.9

69

2,068

3.3

Glendale

343

1,842

18.6

Littleton

133

1,607

8.3

Boulder County - Other

324

2,319

14.0

Broomfield

Arapahoe County

Englewood, Sheridan

Boulder/Broomfield Counties
199

3,228

6.2

City of Boulder - Except University

63

1,129

5.6

City of Boulder - University Area

22

821

2.7

128

2,141

6.0

Denver - Central/Capitol Hill

222

4,164

5.3

Denver - Downtown

777

6,965

11.2

Longmont
Denver City/County

Denver - East Central/Lowry

68

983

6.9

749

10,944

6.8

152

5.3

Denver - Northeast

137

3,367

4.1

Denver - Northwest

178

1,025

17.4

62

1,070

5.8

Denver - Southeast

429

5,882

7.3

Denver - Southwest

84

2,000

4.2

Denver - West Central

26

752

3.5

Denver - Far Southeast


Denver - North Central/City Park

Denver - South Central/Wash Park

Douglas County
Castle Rock

56

824

6.8

757

7,873

9.6

Arvada

87

1,999

4.4

Golden

94

1,102

8.5

Lakewood - North

231

3,741

6.2

Lakewood - South

320

7,005

4.6

18

696

2.6

Douglas County - North


Jefferson County

Wheat Ridge

I-6

REPORT DESCRIPTION AND METHODOLOGY


The purpose of the Quarterly Denver Area Apartment Vacancy Survey is to show vacancy rates by type of
apartment (efficiency; one bedroom; two bedroom, one bath; two bedroom, two bath; three bedroom; and
other) and rent levels by location, age and size of building. In addition, information on estimates of new
apartment inventory and absorption is also provided.
The survey covers six counties:
Adams, Arapahoe, Boulder/Broomfield, Denver, Douglas, and
Jefferson. A composite report of the total six county areas are also provided. A geographical definition
of each market area is given at the end of each county section of this report.
The market areas are:
Aurora North
Commerce City
Northglenn/Thornton
Westminster
Arapahoe County South
Arapahoe County Southeast
Aurora Central Northeast
Aurora Central Northwest
Aurora Central Southeast
Aurora Central Southwest
Englewood/Sheridan
Glendale
Littleton
Boulder County Other
Broomfield
City of Boulder Except University
City of Boulder University Area
Longmont
Denver Central
Denver Downtown
Denver East Central
Denver Far Southeast
Denver North Central
Denver Northeast
Denver Northwest
Denver South Central
Denver Southeast
Denver Southwest
Denver W est Central
Castle Rock
Douglas County North
Arvada
Golden
Lakewood North
Lakewood South
Wheat Ridge

The source for the Census Tract information was the Denver Regional Council of Governments, 1990
Census Tracts, Denver Region, Regional Data Series; U. S. Census, 1990 Census of Population and
Housing, Population and Housing Characteristics for Census Tracts and Block Numbering Areas, DenverBoulder CO CMSA (Part) Denver, CO PMSA Maps. A pt next to a tract indicates that it is only partially
located in the geographic entity.
Where market areas/jurisdictions overlap more than one county , the properties are reported in the
county into which they fall. Examples are Broomfield and W estminster.
The vacancy rate was calculated based on the number of units reporting in each category, and the
corresponding number of vacant units.
All vacancy and rental rates are for the 10th of the month of the survey (March, June, September,
December). In addition, the samples were taken with the assumption that the rates were for unfurnished
rental units with residents paying electricity and gas. Turnover rates are based on the months of
February, May, August and November.
The sample of apartment complexes/buildings surveyed was developed from official lists. Surveys were
completed online and via paper forms, which were checked for completeness and accuracy. Tabulations
were performed by the use of digital database and spreadsheet programs. The cumulative total has a
confidence interval of +/-1 percent at the 95 percent confidence level.
The excellent industry cooperation by the Apartment Association of Metro Denver, Institute of Real Estate
officials, and apartment owners and managers is greatly appreciated. Survey management and analysis
was managed by Ron L. Throupe, Ph.D., University of Denver; Jennifer L. Von Stroh, of Colorado
Economic and Management Associates. Assisting were S.P. Von Stroh, Ph.D.; C.M. Von Stroh, MBA,
MA; J.C. Von Stroh, Ph.D., MBA; and J.E. Von Stroh, J.D, MS.
The information for this survey was obtained from participating apartment managers, owners, and
property managers. All information collected on each building/complex is TOTALLY CONFIDENTIAL,
only survey totals are published. Information furnished by participants is considered reliable. The
sponsors and author make no warranty, expressed or implied, and assume no legal liability or
responsibility for the inclusion of data from the participants in the survey or for the use of the data from the
Survey. Any quotations of the survey must indicate the sponsors and the author.
This report is copyrighted by Jennifer L. Von Stroh. It is both unethical and illegal to make
photocopies of, or distribute electronically, this report without express written permission of the
author.

Section II - Metro Area


Table of Contents
Graphs
Vacancy Rate by Quarter
Average Rent by Quarter
Vacancy Rate by Market Area
Vacancy Rate by County by Quarter
Vacancy Rate by Size of Building
Vacancy Rate by Age of Building
Average Rents by Market Area
Average Rent by County by Apartment Type
Rent per Square Feet by Apartment Type
Rent per Square Feet by Apartment Unit Size
Rental Losses by Quarter
Estimate of Total Apartments by Year
New Apartment Units Added in Metro Area by Year
Apartment Units Built in Current Quarter
Units Absorbed per Year
Monthly Resident Turnover
Vacancy Rates by County by Apartment Type
Vacancy Rate by Apartment Type by Quarter
Median Rent by County by Quarter
Average Rent by Size of Building

II-1
II-1
II-2
II-2
II-3
II-3
II-4
II-4
II-5
II-5
II-6
II-6
II-7
II-7
II-8
II-8
II-9
II-9
II-10
II-10

Vacancy Rates by County


Vacancy Rates by Size of Building by County
Vacancy Rates by Size of Apartment Unit by County
Vacancy Rates by Age of Building by County
Vacancy Rates by Apartment Type by County

II-11
II-12
II-13
II-14
II-15

Average Rents by Apartment Type by County


Average Rents by Age of Building by County
Average Rents by Size of Building by County

II-16
II-17
II-18

Average Rent per Square Foot by Apartment Type by County


Average Rent per Square Foot by Apartment Unit Size by County

II-19
II-20

Rental Losses by Size, Age and County


Economic Vacancy Rates by Size, Age and County

II-21
II-22

Average Rents for the Metropolitan Area


Average Rents for Buildings with Up to Six Units
Average Rents for Buildings with Seven to Thirty-Six Units
Average Rents for Buildings with Thirty-Seven and Above Units
Average Rents for Buildings with Five Stories and Above

II-23
II-24
II-25
II-26
II-27

Median Rents by Apartment Type by County

II-28

Average Rent for Apartment Building/Community Features and Amenities

II-29

Estimate of New Apartments by County by Quarter

II-30

Apartment Unit Absorption by Quarter and Year

II-31

Tables

Monthly Resident Turnover by Size, Age and County

II-32

Vacancy Rates During the Current Quarter - Cumulative Totals

II-33

81 Q1
81 Q3
82 Q1
82 Q3
83 Q1
83 Q3
84 Q1
84 Q3
85 Q1
85 Q3
86 Q1
86 Q3
87 Q1
87 Q3
88 Q1
88 Q3
89 Q1
89 Q3
90 Q1
90 Q3
91 Q1
91 Q3
92 Q1
92 Q3
93 Q1
93 Q3
94 Q1
94 Q3
95 Q1
95 Q3
96 Q1
96 Q3
97 Q1
97 Q3
98 Q1
98 Q3
99 Q1
99 Q3
00 Q1
00 Q3
01 Q1
01 Q3
02 Q1
02 Q3
03 Q1
03 Q3
04 Q1
04 Q3
05 Q1
05 Q3
06 Q1
06 Q3
07 Q1
07 Q3
08 Q1
08 Q3
09 Q1
09 Q3
10 Q1
10 Q3
11 Q1
11 Q3
12 Q1
12 Q3
13 Q1
13 Q3
14 Q1
14 Q3
15 Q1
15 Q3

1400

81 Q1
81 Q3
82 Q1
82 Q3
83 Q1
83 Q3
84 Q1
84 Q3
85 Q1
85 Q3
86 Q1
86 Q3
87 Q1
87 Q3
88 Q1
88 Q3
89 Q1
89 Q3
90 Q1
90 Q3
91 Q1
91 Q3
92 Q1
92 Q3
93 Q1
93 Q3
94 Q1
94 Q3
95 Q1
95 Q3
96 Q1
96 Q3
97 Q1
97 Q3
98 Q1
98 Q3
99 Q1
99 Q3
00 Q1
00 Q3
01 Q1
01 Q3
02 Q1
02 Q3
03 Q1
03 Q3
04 Q1
04 Q3
05 Q1
05 Q3
06 Q1
06 Q3
07 Q1
07 Q3
08 Q1
08 Q3
09 Q1
09 Q3
10 Q1
10 Q3
11 Q1
11 Q3
12 Q1
12 Q3
13 Q1
13 Q3
14 Q1
14 Q3
15 Q1
15 Q3

Rent (in dollars)

Percent Vacant

Vacancy Rate by Quarter

16

14

12

10

Quarter

Average Rent by Quarter

1200

1000

800

600

400

200

Quarter

II-1

Percent Vacant
9
Aurora-North

8
15 Q3

7
15 Q4

Adams

Arapahoe

Boulder/
Broomfield

II-2

Denver

County

Douglas

Jefferson

Wheat Ridge

Lakewood-South

Lakewood-North

Golden

Arvada

Douglas County-North

Castle Rock

Denver-West Central

Denver-Southwest

Denver-Southeast

Denver-South Central/Wash Park

Denver-Northwest

Denver-Northeast

Denver-North Central/City Park

Denver-Far SE

Denver-East Central/Lowry

Denver-Downtown

Denver-Central/Capitol Hill

Longmont

City of Bldr-Unv. Area

City of Bldr-Except Unv.

Broomfield

Boulder County-Other

Littleton

Glendale

Englewood/Sheridan

Aurora-South

Aurora-Central SW

Aurora-Central SE

Aurora-Central NW

Aurora-Central NE

Arapahoe Co-Southeast

Arapahoe Co-South

Westminster

Northglenn/Thornton

Commerce City

Percent Vacant

Vacancy Rate by Market Area

20

18

16

14

12

10

Market Area

Vacancy Rate by County by Quarter

10

15 Q1

15 Q2

Metro Average

Vacancy Rate by Size of Building


8
15 Q1
7

15 Q2
15 Q3

Percent Vacant

15 Q4

5
4
3
2
1
0
Up to 8

9 to 50

51 to 99

100 to 199

200 to 349

350 up

Number of Units in Building

Vacancy Rate by Age of Building


25
15 Q1
15 Q2
20

15 Q3

Percent Vacant

15 Q4
15

10

0
To 1939

1940-49

1950-59

1960-69

1970-79

Year Built

II-3

1980-89

1990-99

2000-09

2010 up

Rent (in dollars)

Aurora-North

Adams

Arapahoe

Boulder/ Broomfield

II-4
Market Area

Denver

County

2000

Douglas

Jefferson

Wheat Ridge

Lakewood-South

Lakewood-North

Golden

Arvada

Douglas County-North

Castle Rock

Denver-West Central

Denver-Southwest

Denver-Southeast

Denver-South Central/Wash

Denver-Northwest

Denver-Northeast

Denver-North Central/City Park

Denver-Far SE

Denver-East Central/Lowry

Denver-Downtown

Denver-Central/Capitol Hill

Longmont

City of Bldr-Unv. Area

City of Bldr-Except Unv.

Broomfield

Boulder County-Other

Littleton

Glendale

Englewood/Sheridan

Aurora-South

Aurora-Central SW

Aurora-Central SE

Aurora-Central NW

Aurora-Central NE

Arapahoe Co-Southeast

Arapahoe Co-South

Westminster

Northglenn/Thornton

Commerce City

Rent (in dollars)

Average Rent by Market Area

2000

1800

1600

1400

1200

1000

800

600

400

200

Average Rent by County by Apartment Type

2500

Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

1500

1000

500

Metro Average

Rent per Square Foot by Apartment Type


2.5

Rent per Square Foot (in dollars)

15 Q1
15 Q2
2

15 Q3
15 Q4

1.5

0.5

0
Efficiency

One Bedroom

Two Bed, One Bath Two Bed, Two Bath

Three Bed

Average

Apartment Type

Rent per Square Foot by Apartment Unit Size


2.5

Rent per Square Foot (in dollars)

15 Q1
15 Q2
2

15 Q3
15 Q4

1.5

0.5

0
499 below

500 to 749

750 to 999

Apartment Unit Size (in square feet)

II-5

1000 above

Number of Apartment Units


0

II-6

Year

15 Q3

15 Q1

14 Q3

14 Q1

13 Q3

13 Q1

12 Q3

12 Q1

11 Q3

11 Q1

10 Q3

10 Q1

09 Q3

09 Q1

08 Q3

08 Q1

07 Q3

07 Q1

06 Q3

06 Q1

05 Q3

05 Q1

04 Q3

04 Q1

03 Q3

03 Q1

02 Q3

02 Q1

01 Q3

01 Q1

00 Q3

00 Q1

99 Q3

99 Q1

98 Q3

98 Q1

97 Q3

97 Q1

96 Q3

96 Q1

95 Q3

95 Q1

94 Q3

94 Q1

93 Q3

93 Q1

92 Q3

92 Q1

91 Q3

91 Q1

90 Q3

90 Q1

Loss (in percent)

Rental Losses by Quarter

20

18

16

14

12

10

Quarter

Estimate of Total Apartments by Year

320,000

300,000

280,000

260,000

240,000

220,000

200,000

89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15

New Apartment Units Added in Metro Area by Year


10000
9400

9000

9123

9300

7841

7761

8000

7588

7500

7000
6300

6000

6445

6200

5669

5600

5626

5594

5320

5000
4500
3800

2887

2799

2000

2548

2033
1729

2262

2517

1973

1166
889

1146

15

14

10

09

08

07

06

05

04

03

02

01

00

99

98

97

96

95

11

498

446
94

92

91

89

88

87

86

85

84

83

82

81

80

253

93

1000
0

3791

13

3000

3791

3584

3526

12

4000

90

Number of Apartment Units

7949

Year

Apartment Units Built in Current Quarter


1800
1678
1600

Number of Apartment Units

1443
1400
1200
1000
800
600
400
235
200
0

Douglas

Jefferson

0
Adams

Arapahoe

Boulder

Denver

County

II-7

Metro Totals

II-8

Year

2
10

09

08

07

06

05

04

03

02

01

00

99

98

97

96

95

94

93

92

91

90

89

88

87

86

85

84

83

82

81

80

15 Q3

15

14

8
13

10

15 Q1

12
12

Monthly Resident Turnover

14 Q3

Year

14 Q1

-4000
11

-2000

13 Q3

13 Q1

12 Q3

12 Q1

11 Q3

11 Q1

10 Q3

10 Q1

09 Q3

09 Q1

08 Q3

08 Q1

07 Q3

07 Q1

06 Q3

06 Q1

05 Q3

05 Q1

04 Q3

04 Q1

03 Q3

03 Q1

02 Q3

02 Q1

01 Q3

01 Q1

00 Q3

00 Q1

99 Q3

99 Q1

98 Q3

98 Q1

97 Q3

97 Q1

Number of Apartment Units

96 Q3

96 Q1

Turnover (in percent)

Units Absorbed per Year

14000

12000

10000

8000

6000

4000

2000

Vacancy Rates by County by Apartment Type

12

Efficiency
One bedroom
Two bed, one bath
Two bed, two bath
Three bedroom
All

Percent Vacant

10

0
Adams

Arapahoe

Boulder

Denver

Douglas

Jefferson

Metro Average

County

Vacancy Rate by Apartment Type by Quarter


12
15 Q1
15 Q2

10

15 Q3

Percent Vacant

15 Q4
8

0
Efficiency

One Bedroom

Two Bed, One Bath Two Bed, Two Bath

Quarter

II-9

Three Bed

Average

Median Rent by County by Quarter


1600
1400

15 Q1

15 Q2

15 Q3

15 Q4

Rent (in dollars)

1200
1000
800
600
400
200
0
Adams

Arapahoe

Boulder

Denver

Douglas

Jefferson

Metro Area

County

Average Rent by Size of Building


1600

$1,501.44

1400

$1,299.38

Rent (in dollars)

1200
$1,005.45

$1,028.72

Up to 6 units

7 - 36 units

1000
800
600
400
200
0
37 + units

Size of Building

II-10

5 Story or More

Vacancy Rates by County


First Figure = Rate for Quarter in Percent
Second Figure = Change from Year Ago
Third Figure = Twelve Month Average
2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

County

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

Adams

7.0

6.1

6.4

7.4

7.8

6.3

5.9

7.4

6.4

6.8

7.5

8.8

8.4

8.5

6.7

6.3

6.8

5.2

4.4

5.7

5.6

5.2

5.3

5.3

4.5

4.9

4.2

4.5

5.2

3.8

5.7

5.3

4.7

4.5

3.9

3.7

4.0

3.9

4.4

5.6

-3.6

-2.6

-1.4

-0.7

0.8

0.2

-0.5

0.0

-1.3

0.4

1.5

1.4

1.9

1.8

-0.8

-2.5

-1.6

-3.3

-2.2

-0.6

-1.2

0.0

0.9

-0.5

-1.1

-0.3

-1.1

-0.7

0.6

-1.1

1.4

0.8

-0.4

0.7

-1.8

-1.6

-0.8

-0.7

0.5

1.9

7.9

7.2

6.9

6.7

6.9

7.0

6.9

6.8

6.5

6.6

7.0

7.4

7.8

8.3

8.1

7.5

7.1

6.2

5.7

5.5

5.2

5.3

5.5

5.3

5.1

5.0

4.7

4.6

4.7

4.4

4.8

5.0

4.9

5.1

4.6

4.2

4.0

3.9

4.0

4.5

Arapahoe

Boulder/
Broomfield

Denver

Douglas

Jefferson

Metro Average

7.0

6.8

6.7

7.4

7.8

6.1

5.0

6.0

6.5

5.9

6.9

8.3

9.7 10.7

8.5

8.6

7.2

6.4

6.7

6.6

6.4

5.5

5.6

6.8

6.3

5.5

4.8

5.0

4.1

4.5

4.8

5.2

4.5

4.6

4.6

4.9

4.9

5.0

5.5

6.2

-1.9

-0.5

-0.1

0.0

0.8

-0.7

-1.7

-1.4

-1.4

-0.2

1.9

2.3

3.3

4.7

1.6

0.3

-2.5

-4.2

-1.8

-2.0

-0.8

-1.0

-1.2

0.2

-0.2

0.1

-0.8

-1.8

-2.1

-1.0

0.0

0.1

0.3

0.1

-0.2

-0.3

0.4

0.4

0.9

1.3

7.1

7.0

7.0

7.0

7.2

7.0

6.6

6.2

5.9

5.8

6.3

6.9

7.7

8.9

9.3

9.4

8.7

7.7

7.2

6.7

6.6

6.3

6.0

6.1

6.0

6.1

5.9

5.4

4.9

4.6

4.6

4.6

4.7

4.8

4.7

4.6

4.7

4.8

5.1

5.4

6.9

7.0

4.8

5.5

4.7

4.0

3.6

5.4

5.7

6.4

4.7

6.1

6.0

7.2

5.5

5.8

5.0

4.9

3.5

3.6

4.9

4.6

4.7

4.4

3.9

3.6

2.9

3.7

3.2

3.8

2.8

3.4

6.7

4.4

3.3

7.2

6.0

4.8

3.6

7.6

-4.2

-1.6

-3.0

-1.7

-2.2

-3.0

-1.1

-0.1

0.9

2.4

1.1

0.6

0.3

0.8

0.8

-0.3

-1.0

-2.2

-2.0

-2.2

-0.2

-0.3

1.2

0.9

-1.0

-1.0

-1.8

-0.7

-0.6

0.2

-0.2

-0.3

3.5

0.6

0.5

3.8

-0.8

0.4

0.4

0.5

7.6

7.2

6.5

6.0

5.5

4.8

4.5

4.4

4.7

5.3

5.5

5.7

5.8

6.0

6.2

6.1

5.9

5.3

4.8

4.3

4.2

4.1

4.4

4.7

4.4

4.2

3.7

3.5

3.4

3.4

3.4

3.3

4.2

4.3

4.4

5.4

5.2

5.3

5.4

5.5

7.8

7.6

7.3

6.9

7.2

6.1

5.7

5.5

5.1

5.7

6.0

8.0

8.6

9.8

8.5

8.8

6.9

7.4

5.3

5.2

4.8

4.1

4.3

4.8

4.2

4.8

4.3

6.1*

5.4

4.6

4.6

6.1

6.8

5.6

3.5

4.6

6.3

4.9

5.3

7.6

-1.4

-1.1

-2.3

-1.8

-0.6

-1.5

-1.6

-1.4

-2.1

-0.5

0.3

2.5

3.5

4.1

2.5

0.8

-1.6

-2.3

-3.2

-3.6

-2.1

-3.3

-1.0

-0.5

-0.6

0.6

0.0

1.4

1.2

-0.2

0.3

0.0

1.5

1.1

-1.1

-1.5

-0.5

-0.7

1.8

3.0

8.7

8.4

7.9

7.4

7.3

6.9

6.5

6.1

5.6

5.5

5.6

6.2

7.1

8.1

8.7

8.9

8.5

7.9

7.1

6.2

5.7

4.9

4.6

4.5

4.3

4.5

4.5

4.9

4.8

4.7

4.8

5.2

5.5

5.8

5.5

5.1

5.0

4.8

5.3

6.0

8.2

5.7

6.4

7.0

6.4

5.8

5.5

7.0

6.1

8.3

5.9

7.4

7.1

5.8

4.3

5.5

4.4

3.9

4.4

5.2

5.3

3.8

3.8

4.7

4.9

3.9

4.1

4.2

6.5

2.9

3.5

5.0

3.7

3.8

3.7

4.0

4.5

3.4

4.4

9.3

-0.3

-0.6

-1.1

-1.0

-1.8

0.1

-0.9

0.0

-0.3

2.5

0.4

0.4

0.9

-2.5

-1.6

-1.9

-2.6

-1.9

0.1

-0.3

0.9

-0.1

-0.6

-0.5

-0.5

0.1

0.3

-0.4

1.6

-1.0

-0.6

0.8

-2.8

0.8

0.2

-1.0

0.8

-0.4

0.7

5.3

7.5

7.4

7.1

6.8

6.4

6.4

6.2

6.2

6.1

6.7

6.8

6.9

7.2

6.5

6.1

5.7

5.0

4.5

4.5

4.5

4.7

4.7

4.5

4.4

4.3

4.3

4.4

4.3

4.7

4.4

4.3

4.5

3.8

4.0

4.0

3.8

4.0

3.9

4.1

5.4

7.5

7.3

7.2

6.6

6.3

7.4

5.3

6.0

5.6

6.0

6.5

7.3

7.6

7.2

6.3

7.3

5.8

5.4

3.9

4.5

4.7

4.5

4.4

4.4

3.8

4.0

3.7

4.2

3.7

3.7

3.6

4.6

3.4

3.7

3.2

3.8

3.2

3.4

5.1

5.3

-1.0

-0.8

0.5

-1.0

-1.2

0.1

-1.9

-0.5

-0.7

-1.4

1.1

1.2

1.9

1.2

-0.2

0.0

-1.8

-1.8

-2.3

-2.8

-1.1

-0.9

0.5

-0.1

-0.9

-0.6

-0.7

-0.2

-0.1

-0.3

-0.1

0.5

-0.3

-0.1

-0.4

-0.8

-0.2

-0.2

1.9

1.4

7.5

7.3

7.4

7.1

6.9

6.9

6.4

6.3

6.1

5.8

6.0

6.3

6.8

7.1

7.1

7.1

6.6

6.2

5.6

4.9

4.6

4.4

4.5

4.5

4.3

4.1

4.0

3.9

3.9

3.8

3.8

3.9

3.8

3.8

3.7

3.5

3.5

3.4

3.9

4.2

7.4

6.9

6.7

7.0

7.1

6.2

5.3

6.1

5.9

6.2

6.5

7.9

8.4

9.0

7.4

7.7

6.5

6.1

5.3

5.5

5.5

4.8

4.9

5.4

4.9

4.8

4.3

4.9

4.6

4.2

4.4

5.2

5.1

4.7

3.9

4.7

4.9

4.5

5.0

6.8

-1.9

-1.1

-0.9

-0.9

-0.3

-0.8

-1.4

-0.9

-1.2

0.0

1.2

1.8

2.5

2.8

0.9

-0.2

-1.9

-2.9

-2.1

-2.2

-1.0

-1.3

-0.3

-0.1

-0.6

0.0

-0.7

-0.5

-0.3

-0.6

0.2

0.2

0.5

0.5

-0.6

-0.5

-0.2

-0.2

1.1

2.1

7.7

7.5

7.2

7.0

6.9

6.7

6.4

6.2

5.9

5.9

6.2

6.6

7.2

8.0

8.2

8.1

7.6

6.9

6.4

5.9

5.6

5.3

5.2

5.2

5.0

5.0

4.8

4.7

4.6

4.5

4.5

4.6

4.7

4.9

4.7

4.6

4.5

4.5

4.8

5.3

Due to rounding of the vacancy rate, numbers may not always add exactly.
* vacancy rate affected by new units leasing up

II-11

Vacancy Rates by Size of Building by County


(In Percent)
Number of
Units
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 up
Arapahoe Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Boulder/
Up to 8
Broomfield 9 to 50
51 to 99
100 to 199
200 to 349
350 up
Denver
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Douglas
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Jefferson
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Metro
Up to 8
Average
9 to 50
51 to 99
100 to 199
200 to 349
350 up

County
Adams

2006

2007

1st 2nd 3rd 4th


1st 2nd
0.0 0.0 15.4 0.0 0.0
4.0 3.9 7.4 3.8 1.0 12.1
9.6 5.2 5.8 12.5 16.6 9.4
5.6 6.1 6.8 9.1 8.6 5.4
6.3 5.8 6.3 6.9 7.7 5.9
8.2 6.8 6.3 7.1 7.2 7.0
7.3 10.8 8.8 5.6 5.9 11.0
5.3 8.8 4.8 15.2 14.3 8.2
7.9 9.0 8.3 15.3 6.8 7.6
7.2 7.2 7.6 7.5 9.0 7.2
6.6 5.8 5.1 6.7 7.2 5.0
7.5 7.6 8.2 6.9 8.0 6.7
7.3 9.1 7.3 0.0 2.1 5.6
4.8 4.4 4.5 2.6 2.4 3.3
3.7 6.8 6.5 5.8 2.2 2.5
6.9 7.3 5.0 4.5 4.3 5.9
6.4 7.9 4.9 6.9 5.7 4.0
9.0 6.0 3.9 4.8 4.1 2.3
4.9 8.6 4.9 3.2 5.1 5.1
8.2 7.3 6.0 6.3 6.4 6.2
7.4 8.0 7.2 6.6 5.7 4.7
6.2 5.0 7.0 7.3 8.0 4.3
7.6 5.9 6.8 6.8 7.5 7.9
8.8 10.8 8.4 7.2 7.3 5.3
6.0

8.0

4.8

4.0

8.7
7.9
4.4
7.3
4.9
8.7
9.5
4.6
5.5
7.3
6.9
7.1
7.4
7.6

6.5
5.3
5.1
7.9
7.0
8.8
8.1
5.2
8.3
7.3
7.6
6.9
6.4
7.4

7.3
5.8
2.4
9.1
9.2
6.6
7.9
6.4
5.7
6.3
7.6
6.8
6.3
7.2

7.3
6.9
1.2
8.9
5.9
6.3
7.3
5.8
3.8
7.5
8.7
7.1
6.9
6.8

2008

3rd
0.0
0.0
6.3
5.6
5.9
6.2
3.8
6.4
4.7
6.6
4.4
5.1
0.0
3.3
3.2
2.8
3.6
4.7
5.2
7.6
5.2
4.9
6.3
4.9

14.0 10.8 13.3

7.7
5.7
3.0
7.3
5.8
7.4
6.1
5.7
4.4
7.1
6.5
7.7
7.1
6.9

6.1
5.6
9.6
7.9
6.7
6.4
8.6
6.5
7.2
6.9
6.1
5.9
6.3
6.0

5.8
5.3
5.8
6.6
6.2
5.2
5.6
4.7
4.6
6.9
5.3
5.3
5.3
5.2

2009

4th
1st 2nd 3rd
0.0
10.0
3.8 7.4 10.6 7.0
7.7 6.9 5.1 4.3
5.6 5.7 4.2 5.8
6.6 6.4 6.8 7.3
9.0 6.9 7.5 8.3
1.6 2.7 1.4 8.5
1.8 5.8 3.6 6.9
4.3 10.8 5.5 8.3
7.5 5.0 5.3 4.9
5.2 6.3 5.6 7.5
6.5 6.7 6.5 6.7
0.0 0.0 0.0 0.0
2.1 1.6 2.2 4.4
3.6 5.0 2.9 5.2
3.4 4.2 3.7 3.9
5.8 5.4 7.2 4.4
7.4 7.8 8.4 5.6
8.4 7.1 7.1 7.0
6.1 5.3 5.8 6.6
4.5 4.7 4.8 4.9
4.0 4.5 4.4 4.4
6.3 5.2 6.3 6.3
5.3 5.2 5.7 6.4

6.5
7.3
6.0
6.2
5.0
5.6
6.5
5.5
6.0
5.4
4.8
5.4
6.0
6.6

7.1

5.6
6.4
3.5
4.9
7.8
4.8
6.3
5.0
4.8
5.1
6.9
4.8
5.9
6.3

14.3
7.8
7.6
8.7
3.9
5.6
7.3
7.7
5.9
4.5
4.8
5.5
5.4
5.2
6.3
6.6

2010

4th
1st 2nd 3rd 4th
1st 2nd
0.0
0.0 0.0 0.0
7.2 7.7 10.6 10.1 7.7 7.1 8.8
4.7 8.2 10.2 8.7 9.4 10.3 8.7
9.4 7.5 9.1 10.2 5.7 6.2 5.8
8.6 8.6 7.7 6.8 6.9 8.1 5.3
9.2 8.4 9.2 5.1 5.7 4.9 4.5
0.0 5.0 1.8 5.2 10.0 2.0 1.8
9.0 10.4 14.2 8.9 13.7 9.2 9.7
8.5 7.9 10.8 10.6 6.4 8.8 8.5
6.6 7.0 6.3 8.3 9.2 9.1 7.5
8.7 10.4 9.3 8.7 7.4 5.6 5.0
8.2 9.8 12.9 8.3 9.2 7.9 7.1
0.0 0.0 6.7 3.6 0.0 2.7 0.0
1.6 2.1 5.5 3.7 5.4 2.5 2.4
4.1 2.9 7.3 3.4 5.8 6.0 8.3
4.8 4.8 7.7 4.8 5.5 4.7 5.8
5.3 5.3 6.2 6.7 5.8 6.1 5.3
9.1 9.1 8.4 4.9 5.9 4.1 3.9
8.8 6.9 4.3 3.7 2.6 5.2 5.6
8.2 6.4 9.1 7.1 9.1 6.6 7.3
5.9 4.4 6.0 6.5 8.7 7.9 7.3
5.9 8.6 6.3 7.2 6.5 7.4 7.4
9.2 10.4 9.6 8.5 7.6 5.4 6.7
8.0 7.9 12.8 10.0 11.1 8.4 8.5

6.0 8.0
5.8 7.1
4.0 10.3
4.5 5.9
8.6 7.7
6.6 8.5
7.7 8.4
4.7 5.2
5.9 7.2
6.1 7.4
6.3 6.5
5.2 7.1
6.9 8.4
6.5 7.9

0.0

0.0
19.2

0.0 21.4

7.1

7.4 5.9 4.6 5.9


6.9 5.5 4.1 5.1
7.6 7.1 13.8 8.1
7.5 7.7 5.8 8.1
8.8 9.0 6.0 12.2
9.8 8.2 6.4 8.0
7.5 8.0 7.5 6.8
5.7 4.7 4.5 6.1
6.3 4.9 7.1 5.0
6.8 9.3 7.1 9.3
6.5 8.3 7.0 9.3
7.8 7.2 7.3 7.4
9.0 8.4 7.7 7.1
8.3 10.3 7.1 8.2

5.9
4.1
4.5
5.5
5.5
6.7
7.2
5.8
4.7
4.6
6.5
7.9
7.2
5.9
6.7

2011

3rd
0.0
7.9
9.8
5.9
4.4
3.4
1.6
4.9
5.1
5.8
5.8
7.8
0.0
2.0
1.4
3.0
3.5
4.3
3.3
6.0
6.2
6.8
4.6
5.2

4th
0.0
6.9
7.8
6.1
6.6
4.4
1.8
9.7
4.2
5.4
5.5
7.7
0.0
1.3
6.2
2.4
3.6
4.5
3.6
3.9
5.8
7.5
4.8
5.1

1st
0.0
4.5
8.3
6.5
6.1
4.5
6.1
5.6
4.0
5.4
5.1
7.9
0.0
1.4
4.4
2.8
6.2
4.7
1.7
3.9
4.3
5.7
4.5
5.2

2nd
0.0
5.9
6.3
3.8
5.2
5.8
11.1
2.9
4.4
5.8
4.4
6.3
0.0
0.7
2.0
3.9
5.4
4.8
3.1
4.3
6.1
3.7
3.2
5.0

14.3 7.1 0.0

3rd
0.0
6.6
4.1
6.2
5.3
5.1
6.8
3.0
2.6
5.6
4.3
6.6
5.8
0.3
1.7
4.6
4.6
5.8
2.4
3.4
4.4
3.3
4.5
4.6

2012
4th 1st
0.0 50.0
2.9 3.9
5.3 1.2
5.2 3.4
5.2 4.9
5.4 4.6
0.0 2.4
6.3 3.3
3.0 1.4
4.7 4.5
5.1 4.9
8.7 7.8
1.7 3.3
0.0 0.4
1.4 1.3
2.7 3.9
5.1 3.9
5.2 4.4
2.1 0.7
3.0 2.4
3.7 4.0
5.7 4.1
5.0 4.5
4.8 4.5

2nd
0.0
5.7
2.8
6.4
4.8
4.7
5.6
1.2
6.8
4.3
4.3
6.8
4.7
1.9
1.7
3.8
3.7
3.7
3.9
3.8
5.2
4.0
5.4
4.6

0.0

2013
3rd
0.0
3.6
3.4
6.3
4.0
3.9
7.9
2.1
2.9
3.7
4.2
5.5
4.7
1.4
2.0
1.4
2.8
4.1
1.7
2.7
5.2
3.7
4.7
4.4

4th
0.0
3.4
3.4
3.8
4.7
4.6
3.9
4.9
1.8
3.9
5.2
5.2
0.0
0.4
0.7
2.2
4.2
4.3
4.6
3.5
4.8
3.9
9.0*
5.4

4.6
4.0
0.8
2.8
2.8
4.2
4.4
4.5
2.6
3.4
3.3
3.8
5.5
4.9

1st
1.3
2.6
3.0
4.3
6.5
8.2
3.8
1.8
4.2
4.1
4.3
2.0
1.5
1.1
1.9
2.8
4.6
2.4
3.1
3.1
4.5
7.2
4.9

2nd
0.0
2.8
2.1
3.3
4.0
3.8
0.0
3.0
5.2
4.5
3.9
5.0
2.0
1.0
4.4
3.4
3.8
4.1
3.2
3.6
6.2
3.7
5.1
4.4

3rd
0.0
4.7
1.3
3.7
5.9
6.4
0.0
0.8
2.0
4.4
3.7
5.8
1.9
0.0
1.6
2.0
3.0
3.3
4.7
3.8
6.4
4.5
5.1
4.0

8.6
5.1
2.4
2.5
3.5
3.5
4.2
3.3
3.1
2.9
2.7
3.7
5.0
4.8

3.1
2.8
1.5
2.0
4.1
3.4
4.3
3.1
2.0
3.1
5.0
3.8
4.1
4.3

4.8
3.4
3.5
0.8
1.9
3.6
3.3
3.6
4.1
2.3
2.9
4.2
3.8
4.3
4.9

2014
4th

1st

4.1 1.9
2.9 9.9
3.0 3.5
6.7 6.0
4.8 3.7
5.6 1.8
1.9 3.1
2.6 2.8
4.1 4.6
4.4 4.0
6.1 4.8
1.9 0.0
0.0 4.8
5.2 7.8
3.4 5.6
3.3 8.9
3.5 4.0
5.0 0.8
4.4 3.3
5.4 5.1
5.9 6.7
7.2 10.6
5.7 4.7

2nd
0.0
1.9
1.7
5.0
4.8
4.4
0.0
2.1
5.2
4.4
4.2
5.1
2.6
1.9
3.7
3.9
3.8
5.7
2.2
7.6
4.1
6.6
7.2
3.9

3rd
0.0
2.9
2.7
5.1
3.2
4.7
2.9
2.3
4.6
4.2
4.8
4.6
2.2
0.5
4.1
2.6
3.2
4.2
1.3
3.5
2.5
3.5
3.4
3.7

4.2
3.5
1.7
1.0
2.2
4.0
3.5
4.4
1.8
5.2
3.6
5.0
4.8
4.5

2.7
4.2
2.4
1.7
1.9
2.1
3.0
4.3
2.1
2.8
3.0
3.6
3.7
4.3

2015
4th 1st
0.0 0.0
2.6 1.0
1.9 0.3
5.5 4.2
3.5 4.5
3.7 3.3
0.0 2.4
3.3 1.2
4.4 1.6
3.2 3.5
4.5 6.0
5.6 4.5
0.0 0.0
0.5 0.0
3.4 5.1
2.7 3.0
5.5 4.0
12.6 10.0
2.4 3.6
3.7 3.5
3.5 5.9
7.3 7.6
4.4 6.7
4.0 6.0

2nd
0.0
0.0
3.3
3.1
4.5
3.4
0.0
0.6
3.9
4.8
6.3
4.3
0.0
1.0
4.9
4.8
3.2
7.6
3.0
3.3
5.2
6.1
6.5
3.2

3rd
0.0
7.1
1.7
3.4
5.2
3.7
0.0
1.8
2.3
4.7
7.2
4.6
1.7
1.4
4.4
4.0
3.3
4.0
2.4
2.3
3.5
8.6
6.7
3.5

4th
0.0
5.0
5.7
5.8
6.1
5.2
0.0
4.1
6.1
4.1
7.9
5.3
0.0
0.9
6.0
4.9
9.7
6.6
0.9
5.2
5.2
8.4
8.6
7.1

4.4
2.9
10.5
1.7
1.4
3.0
4.2
3.0
7.2
2.6
4.0
4.6
5.4
3.9

5.4
3.7
0.0
1.9
3.9
7.9
5.5
4.4
1.0
2.2
3.4
6.1
6.0
4.0

5.7
12.5
1.8
1.1
7.8
6.2
6.1
4.2
1.0
4.2
5.9
6.2
7.6
6.4

0.0
0.0

6.5
3.6
3.9
4.4
5.9
5.8
7.0
5.3
4.4
4.2
7.1
7.5
7.0
5.5
6.2

4.4
4.2
4.4
6.9
4.6
5.6
5.0
3.1
3.7
3.7
5.5
5.9
5.5
4.6
5.7

* vacancy rate affected by new units leasing up

II-12

4.3
4.8
5.4
3.9
3.3
4.4
4.8
4.1
5.0
3.0
4.5
5.4
5.4
5.2
6.1

4.3
5.2
5.6
3.8
3.0
4.3
4.6
5.0
4.8
2.8
3.7
4.5
5.1
5.3
6.1

4.3
3.5
3.9
5.2
3.4
4.5
4.6
4.2
5.2
4.5
3.7
5.0
4.5
4.3
5.6

4.3
4.0
3.7
3.1
3.6
4.5
4.2
3.7
5.7
3.8
3.3
3.7
4.8
4.5
5.6

11.3
4.2
4.7
1.7
2.8
3.1
4.2
3.9
5.2
1.5
3.2
3.4
4.8
4.9
6.5

4.5
5.3
2.4
3.5
4.6
3.3
3.9
3.9
2.2
2.6
3.2
3.9
4.6
5.9

4.3
4.5
3.3
1.7
3.2
4.3
3.8
3.8
4.3
3.7
3.4
4.8
4.3
4.5
5.3

3.1
5.0
3.0
1.4
2.5
3.2
3.8
4.6
3.3
2.4
3.8
3.8
4.0
4.9

5.1
5.0
1.9
2.0
2.1
2.9
7.1
3.3
3.7
3.4
3.8
4.2
5.6
5.3

3.6
3.7
0.0
1.9
3.5
3.1
3.6
3.6
0.6
3.1
5.3
4.9
6.2
4.4

5.1
3.2
3.3
2.0
1.5
2.6
3.7
5.1
2.3
3.2
3.0
4.6
4.4
5.2

5.5
3.8
0.0
1.9
2.7
2.5
3.1
3.9
1.4
2.7
3.8
4.7
5.3
4.9

Vacancy Rates by Size of Apartment Unit by County


(In Percent)

County
Adams

Arapahoe

Douglas

Jefferson

Metro
Average

2007

2008

2009

2010

2011

2012

2013

2014

2015

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

499 below

2.2

6.3 13.0

9.2

9.2

3.5

3.3

4.7

4.2

6.2

4.9

7.7

8.3

7.8

6.4

2.8

16.4

17.6

2.8

11.9

1.9

10.5

7.4

3.4

1.3

6.3

2.2

3.2

0.7

7.8

4.9

5.8

4.1

6.5

3.1

5.3

4.3

4.2

8.2

9.1
5.7

500 to 749

5.4

4.9

6.0

6.5

7.5

5.5

5.5

6.7

5.8

5.6

7.1

8.9

7.5

8.2

7.3

6.1

6.9

5.0

4.4

6.0

5.9

4.9

4.7

4.4

4.1

3.8

3.7

3.8

2.9

3.5

3.2

4.7

4.1

3.8

3.8

3.4

3.2

3.5

3.7

750 to 999

7.6

6.4

6.0

7.7

8.0

7.3

6.5

7.7

6.6

6.8

7.6

9.2

9.0

8.9

6.6

6.5

6.9

5.3

4.6

6.0

5.7

5.9

6.0

5.7

4.8

5.9

4.8

4.7

7.2

3.9

7.2

5.1

4.8

4.9

3.7

3.9

4.7

4.6

4.7

5.9

1000 above

8.1

7.3

6.9

7.6

7.5

6.3

5.8

7.8

7.6

8.1

8.1

8.4

8.3

8.4

6.0

6.3

6.1

4.9

4.4

4.7

5.2

4.4

5.1

5.6

4.8

4.7

4.1

5.4

5.1

4.2

6.9

6.7

5.5

5.0

4.5

3.8

4.2

3.4

4.4

5.0
6.3

499 below

9.1

7.4

9.6 11.6 10.1

6.4

7.0

8.2

9.0 11.3 12.5 18.8 16.2 17.3 15.2 11.4

18.0

18.4

13.9

14.3

13.1

10.0

12.4

8.4

7.3

5.0

4.0

4.9

3.2

3.7

3.9

2.1

2.4

3.9

2.8

19.0

14.5

10.7

3.9

500 to 749

6.3

6.4

6.5

6.8

8.3

5.5

4.4

5.2

7.1

5.8

6.5

6.5

9.4 12.6

7.5

8.5

6.8

6.6

6.0

5.4

5.4

4.6

5.3

6.9

5.3

6.6

5.0

4.0

3.4

5.2

4.9

5.3

4.6

4.7

4.8

4.4

5.0

4.9

4.9

5.7

750 to 999

6.7

7.5

6.5

7.1

7.7

6.7

5.3

6.2

5.7

5.6

6.8

7.9

9.4

9.0

8.5

6.6

5.7

6.3

6.6

5.9

5.2

5.5

6.6

7.3

5.2

5.0

5.5

3.8

4.1

4.7

5.0

4.3

4.5

4.3

3.9

3.6

4.3

5.4

6.0
7.1

1000 above
Boulder/
499 below
Broomfield
500 to 749

Denver

2006

Square Feet
in Unit

9.2

7.6

6.3

6.7

7.5

6.9

5.9

5.0

6.1

6.4

6.1

6.6

8.8 10.0

9.4

7.9

8.5

6.6

5.1

6.8

6.7

7.1

6.0

5.0

6.9

5.8

5.0

4.4

5.5

5.4

4.4

4.8

5.6

4.7

4.8

4.8

5.5

5.6

5.6

6.3

3.6

4.3

4.5

5.1

4.3

6.5

3.8

4.1

3.7

5.1

4.5

4.9

4.9

7.9

5.0

5.3

4.8

6.5

3.9

1.4

2.0

3.1

3.0

3.6

1.6

3.9

2.4

3.4

2.3

2.2

2.8

2.2

5.9

3.5

1.2

1.4

2.9

3.1

1.0

1.9

5.2

5.0

3.7

4.2

3.7

2.3

2.2

5.5

6.7

7.0

4.2

5.2

5.4

6.6

5.8

6.1

4.8

4.3

3.0

2.5

2.6

2.2

4.2

3.6

3.8

2.6

2.4

2.1

1.3

3.6

1.9

2.8

5.3

3.9

2.5

3.4

3.2

2.7

3.2

3.9

750 to 999

5.7

7.9

5.5

6.6

5.6

4.4

3.8

5.7

6.0

7.0

4.8

6.0

5.7

7.6

6.0

6.3

5.6

5.3

3.2

3.2

5.9

5.0

4.6

4.8

3.9

3.7

2.7

4.0

3.6

4.3

2.7

3.8

8.0

4.9

3.8

7.9

6.7

5.2

3.7

8.7

1000 above

11.4

8.6

4.7

5.4

4.5

3.6

4.4

5.4

5.2

6.2

5.1

7.6

7.3

6.8

5.0

5.0

4.7

4.1

4.1

5.4

6.0

6.0

5.5

4.6

4.5

4.0

3.8

4.5

4.1

3.6

3.4

3.5

6.0

4.3

3.4

9.5

7.0

5.9

4.2

8.5

499 below

6.3

5.8

5.4

4.8

5.2

3.5

5.4

4.4

3.6

3.8

4.1

4.8

5.5

7.0

5.6

5.7

5.4

6.2

4.9

3.5

3.4

3.3

2.3

2.6

2.8

4.5

3.4

4.1

3.4

3.0

3.2

3.6

3.3

4.9

3.1

2.2

2.8

7.2

2.8

5.1

500 to 749

7.1

7.1

6.5

5.8

6.0

4.9

4.9

5.2

4.6

5.0

5.2

6.8

6.9

6.9

5.9

7.1

5.6

5.8

4.3

3.8

4.2

4.0

3.5

4.0

3.8

4.6

3.9

5.4

3.9

3.8

4.1

6.4

7.8

5.9

3.6

3.5

6.3

4.0

4.0

6.5

8.5

7.9 10.1

9.3

750 to 999

8.6

8.0

8.4

7.2

7.7

6.7

4.9

5.3

5.6

5.9

6.3

9.4

6.9

7.3

5.5

5.8

4.4

3.5

4.5

5.5

4.4

4.6

4.3

5.6

5.0

4.2

4.4

6.0

6.4

4.9

2.6

5.1

6.1

5.0

6.5

8.0

1000 above

9.2

9.2

8.3

9.2

9.4

8.6

8.2

7.0

6.0

7.1

7.6 10.6 13.4 15.4 12.6 11.9

9.4

10.5

6.6

7.2

6.9

5.6

5.8

5.7

5.2

5.3

5.2

8.8*

8.7

6.8

5.9

6.6

6.9

6.7

4.8

6.9

7.8

5.6

5.8

9.1

499 below

9.8

8.3

4.2

8.7

1.9

1.4

2.2

1.8

9.1

9.1

7.1

14.3

7.1

0.0

6.1

6.1

3.0

1.1

35.8
30.8

9.4

8.6

8.6

0.0 21.4

0.0

500 to 749

4.2

2.8

3.4

4.1

4.5

5.9

4.8

5.4

3.9

5.4

5.1

6.1

5.7

6.7

4.9

7.9

3.3

4.3

2.3

5.2

2.7

4.3

5.1

6.7

2.3

2.4

0.3

4.3

3.1

3.1

2.8

5.7

1.6

1.5

3.4

3.2

1.5

1.4

2.7

750 to 999

6.2

5.3

5.7

5.9

5.1

4.8

4.7

5.5

5.3

8.2

5.9

6.8

6.7

5.9

3.7

4.9

4.8

4.5

4.3

4.6

4.2

4.3

3.9

4.4

4.9

4.1

4.0

3.9

4.8

2.9

3.7

4.1

3.8

3.3

3.7

3.8

4.2

3.3

4.2

4.8

1000 above

10.7

6.7

7.4

8.8

7.9

7.2

6.8

9.3

7.8

8.9

5.7

8.3

7.6

5.3

5.0

5.9

4.0

3.1

4.6

5.9

7.1

3.1

3.6

4.7

5.0

3.7

4.7

4.9

4.9

2.9

3.4

5.9

3.9

4.4

3.7

4.4

5.2

3.7

4.7

10.5

499 below

11.0

9.1

9.3

9.0

6.6 11.9

6.7

7.6

7.0

8.1

6.7

6.3

7.3

9.0

9.9

8.2

4.8

5.0

4.9

4.8

4.7

4.1

2.6

2.0

4.2

1.7

0.2

3.2

3.3

3.4

2.7

1.8

2.3

2.6

1.0

2.4

1.7

5.5

1.5

3.9

500 to 749

6.4

6.5

6.5

5.7

5.1

4.6

5.4

5.5

5.4

5.5

6.8

7.3

7.4

6.0

7.5

5.5

5.2

3.8

4.3

4.7

3.7

4.0

3.1

3.5

3.4

4.0

3.5

3.1

3.0

2.7

3.3

3.2

4.1

3.1

3.4

2.4

2.2

2.5

3.8

750 to 999

7.7

7.8

7.6

6.3

6.2

6.3

5.1

5.9

5.1

6.2

6.4

7.9

8.0

7.2

6.1

7.1

6.4

5.9

3.9

4.2

4.9

4.6

4.3

5.0

3.7

3.9

3.5

4.2

4.3

4.1

4.1

5.0

3.1

3.4

3.3

3.2

3.1

3.5

5.9

5.6

1000 above

7.8

7.1

7.2

7.9

7.7

7.6

6.4

6.4

6.4

6.1

7.9

7.2

7.4

6.1

6.1

6.7

5.2

5.0

4.0

5.1

4.4

5.6

5.5

5.1

4.3

5.2

4.2

5.1

3.4

4.0

4.0

6.3

4.2

3.8

3.4

5.4

4.3

4.3

7.0

6.3
5.2

7.9

499 below

7.4

6.5

7.2

7.5

7.1

5.6

5.4

5.5

5.2

5.7

6.1

8.5

7.5 10.1

8.3

6.9

9.0

9.9

7.5

6.8

6.4

5.7

6.0

4.0

3.8

4.3

3.0

3.8

6.4

3.3

3.3

2.7

3.5

4.2

2.5

5.4

5.0

7.3

2.8

500 to 749

6.4

6.3

6.2

6.0

6.7

5.5

4.6

5.4

5.8

5.5

5.9

6.9

7.7

8.9

6.6

7.4

6.1

5.8

4.8

4.7

4.8

4.2

4.5

5.0

4.3

4.9

4.1

4.2

3.3

4.2

4.0

5.1

5.4

4.8

3.9

3.8

4.7

3.9

4.0

6.1

750 to 999

7.2

7.3

6.8

6.9

7.1

6.4

5.2

6.1

5.7

6.3

6.6

8.0

8.2

8.6

7.5

7.7

6.4

5.9

5.1

5.5

5.3

4.8

5.0

5.7

5.3

4.8

4.4

4.9

4.7

4.0

4.6

5.0

5.0

4.4

3.6

4.4

4.5

4.4

5.4

6.6

1000 above

8.7

7.4

7.1

8.0

7.6

6.8

6.2

6.9

6.5

6.9

7.0

8.8

9.6

9.4

7.8

8.1

6.6

6.0

5.6

6.2

6.4

5.4

5.1

5.8

5.1

4.8

4.5

5.9

5.6

4.5

4.8

5.8

5.2

5.0

4.3

5.9

5.8

5.0

5.7

7.8

* vacancy rate affected by new units leasing up

II-13

Vacancy Rates by Age of Building by County


(In Percent)
2006
County
Adams

Year
To 1939
1940-49
1950-59
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1939
Arapahoe
1940-49
1950-59
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1939
Boulder/
1940-49
Broomfield
1950-59
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1939
Denver
1940-49
1950-59
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1939
Douglas
1940-49
1950-59
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1939
Jefferson
1940-49
1950-59
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
Metro Average To 1939
1940-49
1950-59
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up

2007

1st

2nd

3rd

4th

0.0

0.0
21.2
8.2
7.2
6.6
4.5
4.9

0.0

5.2
6.7
8.3
7.1
3.3

0.0
0.0
6.8
5.8
6.4
5.1
5.0

0.0

5.1

0.0
7.7
9.1
5.9
5.4
7.6

3.0
9.5
9.1
6.4
5.1
6.5

15.4
16.7
9.5
5.4
4.2
4.7

0.0

0.0

4.0
2.9
5.1
8.0
11.0

1st

2nd

2008
3rd

1st

2nd

2009
3rd
0.0

4th
8.3

1st
8.3

2nd
0.0

2010
3rd
0.0

2011

2012

2013

2014

2015

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

0.0
8.0
6.4
5.0
4.5
6.2

10.0
7.3
5.1
4.1
4.2
4.2

10.0
10.7
7.9
4.4
5.2
5.7

20.0
7.6
8.9
4.0
5.3
5.0

0.0
6.8
5.8
4.6
5.5
4.9

0.0
8.2
6.2
4.8
5.5
5.1

0.0
6.4
5.3
4.7
5.8
5.6

0.0
6.2
5.0
4.4
3.6
5.8

10.0
6.2
4.8
3.9
5.0
6.3

0.0
5.0
4.3
3.6
3.9
5.6

10.0
2.7
4.1
4.0
5.3
6.9

0.0
5.1
3.1
3.9
3.5
4.5

30.0
4.9
3.8
4.1
4.0
3.5

40.0
5.3
4.5
2.9
10.4
29.6

20.0
2.1
4.9
5.2
5.2
9.9

20.0
3.8
5.4
3.2
3.7
7.6

10.0
4.0
5.1
3.1
4.8
5.5

10.0
4.1
4.2
3.3
2.7
4.1

10.0
3.5
3.6
3.8
3.9
3.5

0.0

3.0

4.0

3.5

2.0

0.9

0.0
3.2
4.1
5.7
5.3
5.0

16.7
4.0
4.6
3.3
4.7
4.7

3.8
6.6
3.8
4.1
4.5

2.1
5.1
6.5
4.3
4.9
4.0

0.0
6.9
5.8
4.5
5.4
5.2

0.0
4.6
5.5
3.5
4.6
4.9

1.0
4.6
5.5
4.1
5.4
4.3

0.0
3.1
4.9
4.1
5.2
4.8

0.0
5.4
8.4
3.4
5.6
4.0

8.7
12.2
6.9
4.5
6.2

5.8
7.5
5.7
6.4
6.5

8.8
7.9
5.9
7.6
6.3

20.0
6.5
9.2
7.2
6.0
18.3

0.0
6.0
10.6
9.1
8.7
14.7

7.7
11.4
8.9
7.7
6.4
26.7

7.7
12.0
10.9
7.7
5.1
14.5

7.7
14.2
9.7
6.3
5.8
4.1

3.8
8.7
8.7
5.9
5.6
5.6

0.0
4.5
10.3
10.0
6.2
5.1
6.3

9.1

9.1

0.0

0.0

9.1

9.1

9.1

4.5

4.5

0.0

9.1

0.0

9.1

0.0
6.4
6.4
5.8
5.4
6.2

0.0
8.9
6.6
5.2
5.4
52.0

0.0
7.3
4.8
5.7
5.0
14.6

0.0
7.0
7.4
6.9
4.7
13.5

0.0
9.0
9.2
6.6
5.6
15.2

0.0
9.1
10.5
7.4
6.6
21.5

5.0
9.4
13.7
7.8
5.7
19.6

0.0
9.5
9.9
6.4
6.3
16.6

0.0
7.1
11.1
7.0
6.8
13.5

0.0
7.0
9.1
6.1
3.7
11.8

0.0
5.0
9.6
4.8
3.9
7.5

0.0
4.8
7.7
4.7
3.3
13.9

0.0
4.5
7.1
5.3
4.5
11.6

0.0
5.3
7.5
4.5
4.7
11.1

4.6
5.6
4.6
4.7
8.6

3.8
7.2
5.1
4.5
6.5

5.1
8.7
6.8
5.9
7.2

1.8
7.6
6.3
6.1
6.0

3.3
7.5
6.1
5.0
4.5

16.7
2.0
6.1
5.2
4.4
4.2

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0
0.0

0.0
0.0

0.0
0.0

0.0
0.0

0.0
0.0

0.0
0.0

0.0

0.0
12.5

0.0
0.0

14.3
0.0

0.0
0.0

0.0
0.0

14.3
0.0

0.0
0.0

0.0
12.5

14.3
0.0

0.0
0.0

1.6
4.5
5.5
4.2
3.4

2.5
2.3
4.3
4.3
3.7

3.1
3.3
8.3
6.7
4.3

4.7
3.2
10.1
6.5
4.8

2.0
3.8
13.9
6.3
5.8

1.2
4.4
6.3
4.8
5.2

1.9
4.4
7.0
7.5
6.5

2.2
5.0
5.6
7.2
6.0

3.1
10.3
4.3
7.6
7.7

7.8
4.9
2.7
6.8
2.6

2.9
5.5
5.7
7.2
2.8

2.9
5.0
5.1
6.0
2.7

4.0
4.3
3.7
6.0
4.0

1.4
3.4
4.6
4.0
2.2

2.2
2.8
4.8
4.1
3.8

2.9
2.9
6.8
3.7
12.3

3.1
4.6
5.5
3.5
7.8

1.9
4.1
7.1
5.1
4.4

2.6
3.4
7.0
4.7
4.5

1.2
1.3
11.2
3.0
4.4

1.7
2.7
3.6
4.2
4.0

2.0
2.2
4.1
2.8
3.4

2.2
2.3
4.4
3.2
5.4

0.5
2.1
3.0
4.0
3.6

0.9
2.1
6.1
3.9
3.7

0.0
2.3
4.0
2.9
3.1

1.5
3.0
3.1
3.8
3.7

12.7
4.3
1.6
3.3
12.0

1.2
4.0
4.6
4.4
4.8

0.0
2.1
5.6
3.0
4.0

0.5
1.4
4.0
4.0
11.7

3.6
5.4
10.3
5.1
5.8
7.1
11.3
17.7

2.7
6.8
9.0
5.3
4.9
6.8
9.1
11.8

4.2
7.3
8.6
5.8
5.6
4.6
8.0
9.0

3.4
7.5
6.7
4.2
6.5
5.3
5.2
6.4

4.4
4.0
5.2
4.5
5.3
5.7
4.9
5.0

3.8
6.1
8.2
4.0
5.7
6.5
5.8
5.9

4.9
4.4
7.2
4.6
6.4
5.2
6.5
7.7

5.8
7.0
9.3
6.4
7.6
6.9
10.3
12.2

9.3
5.0
8.8
6.0
7.4
6.7
10.9
15.8

6.9
6.5
9.7
8.8
10.8
6.8
8.5
18.1

5.8
4.9
6.7
7.5
9.4
5.6
7.1
15.0

4.2
5.0
8.9
9.9
9.9
5.9
7.0
14.4

5.6
5.4
6.8
8.0
6.7
6.2
5.3
12.1

5.5
6.1
7.6
7.4
6.8
6.1
5.7
12.6

2.4
4.6
7.7
7.6
4.5
4.3
4.8
7.6

2.6
3.1
4.3
5.1
5.0
4.1
4.3
8.0

2.1
2.7
5.1
5.9
4.3
4.5
4.4
6.6

2.6
2.8
4.6
6.3
3.9
3.9
3.6
4.5

1.8
2.8
3.8
4.1
4.2
4.0
3.7
5.7

2.4
3.0
1.3
3.8
5.0
5.2
3.6
5.9

1.5
2.5
3.0
2.8
5.0
3.8
5.4
4.8

3.2
3.6
5.0
4.6
6.1
4.4
5.0
4.2

2.6
1.5
2.2
3.7
4.4
5.0
4.7
4.5

2.2
3.0
2.8
4.2
6.7
5.1
5.7
5.8

2.2
3.1
2.2
5.0
5.1
4.7
5.5
8.3

2.2
18.9
2.6
4.2
3.7
4.7
3.7
6.1

2.0
12.0
3.3
4.8
3.0
5.6
3.9
5.8

2.9
12.7
2.0
4.6
4.9
6.2
8.1
8.1

1.9
2.7
18.3
4.2
4.2
5.1
3.3
11.5

4.5
3.2
12.8
6.0
3.3
5.0
3.6
8.1

1.4
3.0
3.0
3.7
2.6
4.5
6.7
3.6

2.3
4.0
2.1
3.3
3.3
5.3
5.7
6.4

6.9
6.1

5.5
6.9
5.2

5.5
6.4
5.1

4.5
8.0
6.6

4.1
7.1
5.7

4.5
9.5
7.9

4.5
7.6
5.1

7.8
7.6
7.8
7.2

7.3
7.0

15.1
4.6
5.5

8.9
3.1
4.6

6.7
5.4
5.3

6.1
3.7
4.5

4.2
3.4
4.1

4.4
4.5
4.2

4.3
5.1
5.4

4.3
4.3
6.1

3.7
3.8
3.8

2.2
4.1
3.9

4.4
3.6
5.4

3.2
5.5
4.6

3.4
3.4
4.3

0.2
4.1
6.8

0.2
5.1
6.0

0.5
4.1
16.8

1.7
4.0
1.3

2.2
4.7
3.2

0.0
3.0
6.4
5.5

2.2
4.5
3.6

3.0
5.7
4.2

2.7
4.3
3.7

1.7
5.1
5.8

0.0
9.1
9.6
8.1
6.8
6.4

0.0
9.3
8.0
4.9
4.8
6.8

0.0
8.9
7.7
5.7
3.9
5.3

0.0
8.8
9.0
6.8
5.3
7.5

11.1
7.5
10.0
7.7
4.8
7.3

0.0
7.9
6.9
5.6
4.2
7.4

11.1
6.6
5.9
4.9
4.0
4.7

0.0

0.0

0.0

0.0

5.2
5.6
7.2
8.2
7.2

5.0
3.7
5.1
4.4
7.4

2.9
4.6
5.4
5.9
7.4

2.8
3.1
6.8
3.8
5.4

4.4
3.8
12.7
6.9
9.6
6.0
8.3
4.8

3.9
5.2
8.9
8.5
9.2
6.1
7.4
20.0

3.6
6.1
6.9
7.3
8.2
6.4
4.6
18.5

3.7
4.3
6.0
6.3
5.5
8.1
8.7
13.3

6.0
8.3
8.1

8.0
4.9
6.4

4.8
6.1
6.6

4.0
6.4
7.5

7.6
9.4
7.1
6.7
6.1

4th

1.5

14.3

4.8

0.0

0.0

0.0

0.0

0.0

37.5

0.0

0.0

0.0

0.0

0.0

4.5

12.5

12.5

0.0

0.0

0.0

0.0

0.0

0.0

4.5

0.0

0.0

0.0

0.0

12.5

0.0

12.5

0.0

0.0

0.0

0.0

26.7
7.7
9.2
5.5
4.9
15.6

27.7
7.8
8.9
5.8
4.8
12.2

26.4
8.3
8.2
5.9
5.8
9.1

5.8
5.4
6.9
5.5
7.5
7.9

7.1
6.0
6.4
5.8
5.5
12.6

17.4
5.4
8.3
7.8
5.7
8.5

5.8
4.2
5.6
4.6
6.3
5.4

7.3
4.9
5.8
5.8
6.3
7.0

2.9
5.1
5.4
5.1
6.3
6.2

8.7
6.3
6.8
5.0
4.5
9.0

9.3
5.3
6.7
5.1
5.0
14.5

10.8
7.1
7.4
6.5
7.9
8.3

11.0
5.6
9.0
5.8
6.5
9.3

11.5
4.7
9.2
6.4
5.9
6.0

12.6
4.5
8.9
4.8
5.1
6.4

10.2
10.8
9.0
5.3
6.3
6.5

6.1
4.1
7.9
4.4
4.5
6.3

7.0
6.2
7.7
4.4
4.2
4.1

9.1
4.6
4.0
3.5
4.3
3.5

7.5
4.4
4.7
3.8
4.6
5.2

9.0
4.7
4.3
4.2
5.2
6.1

6.8
3.2
5.1
4.6
5.1
3.4

4.7
2.7
4.9
3.7
4.5
7.3

2.4
2.6
4.1
4.4
4.8
7.8

3.5
3.3
3.8
3.5
4.4
3.5

2.4
3.6
4.2
3.4
4.7
2.6

4.9
2.4
2.8
4.3
4.3
5.6

3.4
2.8
3.8
5.1
4.7
4.6

1.5
3.0
3.7
3.6
3.6
5.2

1.1
3.7
3.4
3.1
4.0
4.9

4.4
2.6
2.9
3.0
4.9
3.8

1.8
2.7
2.8
4.3
3.4
21.8

1.7
2.8
3.2
3.8
3.2
5.5

0.6
1.9
3.7
4.6
3.4
3.5

0.0
0.0
1.7
2.3
2.3
4.2
3.2
4.5

4.8
2.2
3.0
2.7
5.0
5.2

4.7
3.8
14.5
6.6
8.6
6.2
6.6
10.9

3.9
5.1
11.4
8.1
8.5
6.3
5.6
12.2

3.4
6.0
13.0
10.1
8.1
5.8
4.9
14.2

3.7
4.2
5.9
6.4
7.3
6.8
6.5
10.5

3.6
5.3
10.0
6.2
7.5
7.3
6.1
13.9

2.6
6.7
9.5
5.6
6.6
6.1
5.6
10.3

4.2
7.2
8.3
5.6
5.8
4.9
5.4
7.8

3.7
7.4
6.7
5.1
6.8
5.9
6.0
6.6

4.4
4.0
5.0
6.0
5.8
5.5
6.0
14.3

3.7
6.0
8.3
5.6
5.9
6.1
6.2
9.6

4.7
4.3
7.6
5.1
6.9
6.3
5.6
11.7

5.9
6.9
9.4
6.6
8.1
7.1
7.6
13.1

9.2
5.0
9.1
6.8
8.5
7.0
7.3
17.0

6.8
6.4
10.0
7.7
11.2
7.4
6.2
16.7

5.8
4.9
7.7
8.2
8.9
5.9
5.9
12.7

4.3
4.9
8.9
8.4
9.4
6.3
6.5
11.5

5.5
5.1
6.6
7.0
7.9
5.9
4.7
9.2

5.5
5.9
7.3
6.3
7.6
5.0
4.6
8.0

2.4
4.5
7.9
5.8
5.3
4.4
4.0
8.7

2.6
3.0
5.2
4.9
5.8
4.7
4.6
8.6

2.1
2.6
6.3
5.2
5.7
4.5
4.6
8.8

2.5
2.6
4.8
4.9
5.0
4.4
4.5
6.4

1.8
2.7
3.9
3.9
5.6
4.7
4.6
6.0

2.3
2.9
1.3
4.0
5.9
5.8
5.1
6.3

1.5
2.4
3.0
2.9
5.3
5.4
4.9
5.2

3.2
3.6
4.9
4.0
5.6
4.9
4.6
4.6

2.5
1.8
2.5
3.0
4.5
4.7
4.1
4.6

2.3
2.8
2.9
3.3
4.7
5.1
4.9
6.2

2.3
2.9
2.2
4.0
4.1
3.6
4.2
7.5

2.2
17.6
2.6
3.9
4.4
4.0
4.0
4.6

2.0
11.4
3.9
4.0
4.2
4.3
5.1
4.9

2.9
11.8
1.9
4.4
4.6
4.9
5.1
7.1

2.2
2.6
14.1
4.8
4.6
3.7
4.0
8.5

4.3
3.5
9.8
4.8
4.3
4.2
4.7
6.0

1.6
2.8
2.9
3.2
3.5
4.1
4.2
4.2

2.0
3.9
2.6
3.4
4.4
3.8
5.0
6.3

* vacancy rate affected by new units leasing up

II-14

0.0

1st

2nd

3rd

3rd

1.5
3.5
2.9
4.0
3.7
17.6
1.0

2.2
4.9
3.1
3.5
3.9
1.2
1.0

2.2
4.8
4.8
3.0
4.3
5.8
2.3

4.7
7.3
4.8
4.1
5.1
8.3
2.3

0.0
2.7
6.5
3.1
5.2
3.1
28.9
0.0
0.0

0.0
4.4
5.8
3.6
3.9
3.3
27.4
0.0

4.4
4.6
4.3
5.4
4.1
24.6
2.5
0.0

0.0
7.4
5.9
4.5
5.6
6.0
22.4
0.0
0.0

2.0
2.7
3.8
2.8
3.9
19.2
2.5
0.7
2.0
4.0
4.0
5.2
3.2
5.1
24.2

0.8
2.6
3.3
4.5
2.3
12.3
2.5
2.1
3.7
3.9
2.4
4.3
2.5
4.4
18.8

1.2
1.7
3.3
2.6
2.7
8.6
2.2
2.2
4.5
3.9
2.9
4.5
3.9
5.7
16.8

0.0
0.8
5.3
5.8
3.7
17.3
5.0
1.5
6.5
8.2
5.1
5.9
5.3
5.2
19.3

2.2
5.9
3.7
7.0
0.0

0.2
4.6
3.1
3.1
0.0

5.0
5.5
3.7
6.7
0.0

5.4
6.5
5.2
43.8
0.0

3.2
1.9
2.4
2.5
4.8
3.1
4.3
2.2
0.7
2.2
3.0
4.2
3.5
4.6
3.8
21.0

1.2
1.4
2.7
2.2
5.1
2.7
7.9
2.3
2.1
3.3
3.3
3.8
3.5
4.1
3.5
17.0

1.1
0.6
2.4
3.0
5.0
4.6
37.0
2.2
2.0
3.7
2.9
3.6
4.2
4.4
4.3
18.0

3.8
1.8
3.6
3.8
4.4
5.9
20.9
4.4
1.5
5.7
6.8
5.4
4.8
5.3
5.4
20.9

Vacancy Rates by Apartment Type by County


(In Percent)
County

Metro Average

Jefferson

Douglas

Denver

Boulder/Broomfield

Arapahoe

Adams

Apartment Type
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

2006
1st

2nd

3rd

2007
4th

1st

2nd

4.3 6.5 7.4 7.3 5.9 4.2


5.9 4.9 5.7 5.8 6.8 5.6
7.1 5.9 6.3 9.4 9.2 7.7
7.9 7.5 6.9 7.9 8.0 7.1
10.0 8.8 8.7 8.9 8.9 6.2
7.0 6.1 6.4 7.4 7.8 6.3
7.5 8.4 5.9 9.5 7.1 4.3
5.9 6.1 5.6 6.4 7.1 5.4
8.6 8.5 9.6 10.2 10.7 8.4
7.4 7.2 6.5 7.1 7.4 6.0
10.0 7.3 10.8 9.2 9.1 7.8
7.0 6.8 6.7 7.4 7.8 6.1
5.1 8.0 6.9 8.1 8.8 8.6
4.9 4.5 3.9 4.8 3.8 2.5
6.4 9.5 5.7 6.7 5.7 5.8
9.6 9.2 5.1 5.7 5.0 4.4
10.4 7.2 5.3 4.7 5.0 3.9
6.9 7.0 4.8 5.5 4.7 4.0
7.1 8.2 7.3 5.6 7.1 4.7
6.9 6.5 6.6 6.3 6.6 5.4
9.7 9.3 9.1 6.6 6.3 5.5
8.0 7.9 6.9 8.4 8.7 8.7
18.5 14.7 16.1 13.1 12.8 6.1
7.8 7.6 7.3 6.9 7.2 6.1
0.0 4.2 2.1 8.3 0.0 6.3
4.8 4.9 4.5 4.6 4.4 4.2
9.7 6.9 8.7 9.2 7.9 6.4
10.7 6.0 7.0 8.2 7.7 6.9
12.2 8.0 9.8 10.9 9.1 7.9
8.2 5.7 6.4 7.0 6.4 5.8
9.7 12.9 8.6 12.1 12.5 10.6
6.3 6.5 6.5 5.5 4.9 7.2
8.6 8.3 8.4 6.5 6.9 7.2
6.8 6.3 6.8 7.6 7.1 7.8
9.9 9.0 8.5 7.4 7.8 7.0
7.5 7.3 7.2 6.6 6.3 7.4
7.0 8.6 7.2 7.0 7.4 5.3
6.1 5.9 5.8 5.9 6.2 5.4
8.5 8.2 8.3 8.2 8.1 7.0
8.0 7.2 6.6 7.6 7.6 7.0
11.0 8.9 9.7 9.0 8.8 6.8
7.4 6.9 6.7 7.0 7.1 6.2

3rd

2009

2008
4th

4.2 3.3
5.0 5.9
6.3 9.1
7.4 8.1
5.5 9.7
5.9 7.4
5.0 4.1
4.4 5.7
6.4 6.6
5.1 6.0
6.9 7.2
5.0 6.0
4.0 8.5
2.5 4.0
3.4 5.7
5.2 6.4
3.8 7.3
3.6 5.4
5.1 4.7
5.2 4.9
5.5 6.7
6.9 6.4
7.0 7.4
5.7 5.5
0.0 2.1
4.3 4.9
6.3 7.5
6.0 8.6
8.8 11.6
5.5 7.0
5.1 7.1
4.4 5.4
6.4 6.5
5.6 6.6
7.0 5.7
5.3 6.0
4.9 5.1
4.6 5.3
5.9 6.9
5.9 6.7
6.7 8.0
5.3 6.1

1st

2nd

3rd

4th

1st

2nd

4.9 2.2 4.1 24.9


5.3 5.6 7.4 8.6
7.2 7.3 6.7 8.6
7.4 7.9 8.2 8.4
9.5 9.4 7.4 8.1
6.4 6.8 7.5 8.8
5.2 6.4 10.2 4.5
6.7 5.7 6.3 7.7
6.7 6.2 7.7 9.2
6.1 5.7 7.0 8.1
7.5 8.8 7.0 14.6
6.5 5.9 6.9 8.3
9.1 12.4 5.2 5.9
4.3 4.6 3.2 4.9
5.5 6.1 4.7 5.3
7.1 8.2 6.8 8.4
6.8 9.5 4.5 5.3
5.7 6.4 4.7 6.1
4.4 4.8 5.1 5.8
4.5 5.0 5.4 7.4
6.1 5.8 6.4 8.9
5.9 6.5 6.7 8.9
7.4 10.1 11.7 14.0
5.1 5.7 6.0 8.0
0.0 8.3 0.0 0.0
4.8 8.5 5.9 7.1
6.2 5.9 5.8 5.7
7.4 8.6 5.2 8.7
8.5 9.2 9.0 6.7
6.1 8.3 5.9 7.4
6.7 8.4 7.6 7.6
5.2 5.6 5.9 7.1
6.0 6.8 6.1 7.4
5.9 5.6 7.5 7.6
6.9 8.1 6.8 7.3
5.6 6.0 6.5 7.3
5.2 5.9 6.0 6.9
5.4 5.6 5.9 7.4
6.4 6.4 6.6 8.1
6.4 6.6 7.0 8.3
7.8 9.1 7.7 10.2
5.9 6.2 6.5 7.9

6.3
8.5
8.2
8.4
7.0
8.4
3.4
10.2
8.8
9.3
13.1
9.7
8.3
4.8
5.6
7.5
6.7
6.0
5.9
7.2
8.7
12.0
13.9
8.6
0.0
6.6
6.8
8.0
6.6
7.1
9.9
6.9
7.8
8.0
8.0
7.6
6.3
8.0
8.0
9.3
9.4
8.4

6.3
8.1
9.7
8.4
6.6
8.5
16.9
11.3
10.8
8.9
13.2
10.7
8.3
6.0
7.8
8.7
5.1
7.2
8.4
7.8
9.7
14.0
20.1
9.8
4.2
5.8
6.4
5.6
5.9
5.8
9.3
6.7
7.1
7.2
6.5
7.2
9.7
8.6
9.2
9.2
9.7
9.0

3rd

2011

2010

2012

2014

2013

2015

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

25.8 1.4
5.5 5.2
7.5 8.0
6.4 6.6
5.4 7.1
6.7 6.3
3.1 4.5
8.7 8.8
8.8 9.4
8.1 8.2
10.2 8.4
8.5 8.6
4.9 3.9
5.1 5.2
6.2 6.2
5.8 6.8
6.1 5.2
5.5 5.8
6.9 6.9
7.2 7.7
7.5 8.8
11.7 11.2
15.5 14.1
8.5 8.8
0.0 6.3
4.0 4.7
2.9 6.0
5.0 5.9
5.6 7.1
4.3 5.5
6.9 11.3
5.4 6.7
7.0 8.1
7.0 7.1
5.9 6.5
6.3 7.3
7.4 6.6
6.9 7.3
7.4 8.3
8.0 8.1
8.1 8.0
7.4 7.7

23.8
6.2
7.6
6.4
6.3
6.8
11.4
6.8
8.0
7.1
8.9
7.2
4.1
5.0
5.3
5.3
3.9
5.0
5.7
6.3
5.9
8.8
11.5
6.9
0.0
4.5
5.0
4.1
5.2
4.4
8.8
4.9
6.5
6.5
4.4
5.8
7.0
6.1
6.8
6.9
7.1
6.5

23.3
4.7
5.6
5.3
4.6
5.2
10.2
6.3
7.5
5.6
8.2
6.4
5.1
4.4
4.6
5.7
5.1
4.9
6.8
6.4
7.2
9.8
8.9
7.4
2.1
4.4
3.6
3.5
2.7
3.9
3.0
4.9
6.1
6.0
5.2
5.4
7.1
5.7
6.3
6.4
6.0
6.1

0.8
4.2
5.0
4.7
3.8
4.4
9.6
6.3
7.8
6.4
9.7
6.7
1.5
2.8
3.9
4.6
3.3
3.5
4.8
4.7
5.7
6.4
4.6
5.3
2.1
4.0
5.1
4.2
5.6
4.4
4.2
3.9
4.1
3.9
3.4
3.9
5.2
4.9
5.7
5.5
5.6
5.3

7.7
5.6
6.5
5.7
4.6
5.7
4.7
6.0
8.1
6.8
7.6
6.6
1.2
2.7
4.6
4.1
5.0
3.6
3.7
4.5
6.4
6.5
6.4
5.2
6.3
4.2
6.1
5.9
5.5
5.2
2.5
4.5
4.5
5.0
3.4
4.5
3.7
5.1
6.4
6.1
5.6
5.5

7.7
5.2
5.8
6.2
4.3
5.6
5.8
5.8
7.7
6.7
6.8
6.4
2.6
4.7
4.8
5.8
2.0
4.9
2.8
4.4
6.0
5.8
6.8
4.8
2.1
3.9
4.6
7.5
5.7
5.3
7.1
4.7
5.2
4.3
3.3
4.7
4.1
5.0
6.1
6.1
5.1
5.5

6.9
5.0
6.3
5.2
3.2
5.2
5.1
4.7
5.6
6.3
7.0
5.5
3.5
3.6
5.3
5.4
5.2
4.6
3.2
3.9
4.5
4.8
4.4
4.1
4.2
4.6
3.1
3.0
3.9
3.8
2.6
4.2
4.6
5.0
5.2
4.5
3.7
4.4
5.2
5.4
5.1
4.8

5.8
4.7
6.6
5.9
3.0
5.3
5.5
5.0
7.7
5.8
5.0
5.6
3.3
3.7
5.4
5.2
5.4
4.7
2.5
3.9
5.0
5.4
3.6
4.3
2.1
3.7
4.7
3.2
5.5
3.8
0.4
4.2
4.4
4.6
5.9
4.4
3.0
4.4
6.0
5.4
4.7
4.9

4.8
4.4
6.1
6.4
4.1
5.3
4.2
6.4
8.7
6.7
8.7
6.8
4.0
3.6
5.0
5.3
4.4
4.4
3.3
4.2
6.8
5.4
5.6
4.8
8.3
4.8
2.6
4.9
6.1
4.7
2.3
3.6
5.2
4.8
5.0
4.4
3.5
4.9
6.5
5.9
6.0
5.4

1.3
3.7
5.5
5.3
4.0
4.5
3.7
5.1
9.9
6.7
5.6
6.3
1.3
3.8
3.0
4.4
1.6
3.9
3.1
3.9
5.1
4.9
4.7
4.2
2.1
4.9
4.4
5.3
4.2
4.9
5.9
3.3
3.6
4.6
3.7
3.8
3.1
4.3
6.0
5.6
4.3
4.9

3.8
3.9
5.4
6.0
4.6
4.9
8.5
5.3
6.7
5.5
4.5
5.5
5.6
3.3
3.5
3.8
4.7
3.6
4.1
4.4
5.9
5.1
4.7
4.8
6.3
3.7
4.4
3.9
3.6
3.9
3.4
3.8
3.1
4.5
4.6
4.0
4.7
4.5
5.2
5.1
4.5
4.8

1.2
3.9
4.4
4.3
4.4
4.2
3.8
4.5
6.4
4.9
3.5
4.8
1.4
2.4
2.9
4.0
3.3
2.9
2.9
4.1
4.6
5.4
2.8
4.3
0.0
3.7
3.4
4.9
4.3
4.1
1.1
3.9
3.7
3.6
3.7
3.7
2.6
4.0
4.7
4.7
3.7
4.3

3.7
3.9
4.7
5.1
6.1
4.5
4.2
4.1
6.0
5.9
5.8
5.0
1.4
3.4
3.2
4.6
4.9
3.7
3.4
6.1
6.7
7.3
3.5
6.1*
0.0
4.0
2.9
4.9
5.4
4.2
3.5
3.7
4.1
5.3
3.7
4.2
3.3
4.4
5.2
5.8
5.1
4.9

1.4
5.7
3.9
5.0
5.5
5.2
2.8
3.6
3.7
4.8
6.6
4.1
1.1
2.8
3.6
3.9
3.2
3.2
3.9
4.4
6.6
7.3
4.5
5.4
4.2
6.3
8.5
6.1
4.8
6.5
2.7
3.9
4.2
3.2
3.5
3.7
3.3
4.3
4.7
5.1
5.1
4.6

7.7
3.3
3.5
4.8
3.9
3.8
4.7
4.5
5.1
4.4
4.5
4.5
1.7
3.8
3.2
4.4
2.5
3.8
5.5
4.0
4.7
5.6
4.2
4.6
0.0
3.1
2.9
2.8
2.5
2.9
3.3
3.8
3.0
4.0
4.5
3.7
4.9
4.0
4.1
4.5
4.0
4.2

5.3
3.9
4.8
9.4
6.5
5.7
3.7
4.8
5.0
4.7
4.6
4.8
0.6
2.5
3.3
3.2
2.4
2.8
5.7
4.2
4.5
5.2
5.0
4.6
6.3
3.1
4.8
3.6
3.2
3.5
1.4
3.7
2.8
4.5
3.0
3.6
4.6
4.1
4.3
5.1
4.4
4.4

5.0
5.1
4.7
5.7
7.5
5.3
4.2
5.0
5.5
5.3
5.1
5.2
1.2
2.9
4.0
3.9
2.7
3.4
6.3
5.8
6.1
7.4
4.5
6.1
10.4
4.2
3.9
5.7
8.4
5.0
1.6
4.5
3.8
5.8
3.8
4.6
4.9
4.9
5.0
5.7
5.3
5.2

4.0
4.5
4.7
5.0
6.3
4.7
3.2
4.5
4.7
4.4
4.4
4.5
15.7
7.4
6.0
6.3
2.4
6.7
8.3
7.1
5.7
7.2
3.7
6.8
2.1
3.7
2.9
4.0
3.6
3.7
3.6
3.3
3.3
3.5
4.4
3.4
7.3
5.3
4.7
5.1
4.3
5.1

3.3
4.1
5.1
4.8
5.1
4.5
3.1
4.5
4.5
5.0
4.2
4.6
5.3
4.0
4.9
4.5
6.9
4.4
5.6
5.6
4.3
5.4
8.5
5.6
4.2
3.1
2.9
4.4
6.2
3.8
3.3
3.6
3.4
3.6
5.0
3.7
4.9
4.5
4.3
4.8
5.6
4.7

4.6
3.6
4.8
3.9
2.9
3.9
5.4
4.7
4.2
4.7
3.9
4.6
0.0
2.9
3.8
4.0
3.6
3.3
3.6
3.2
3.2
4.2
3.7
3.5
2.1
3.8
3.1
3.7
3.5
3.7
2.7
3.2
3.3
3.0
4.3
3.2
3.5
3.8
3.8
4.1
3.7
3.9

6.1
3.4
3.6
4.1
3.2
3.7
3.2
4.7
5.6
4.8
6.8
4.9
9.3
6.7
3.6
10.3
2.8
7.2
3.3
4.2
4.5
5.6
8.3
4.6
0.0
3.7
3.4
4.6
4.7
4.0
1.3
3.8
2.7
4.7
4.7
3.8
3.5
4.4
4.1
5.4
5.2
4.7

5.1
4.4
2.6
4.1
3.9
4.0
4.9
4.9
4.0
5.2
4.0
4.9
5.3
6.0
3.8
7.6
2.4
6.0
13.1
5.1
4.7
6.9
9.5
6.3
1.4
3.9
3.5
5.3
6.0
4.5
2.4
3.2
2.7
3.8
2.7
3.2
9.9
4.7
3.6
5.4
4.4
4.9

2.0
3.9
4.0
4.1
3.1
3.9
4.2
4.9
4.5
5.3
4.9
5.0
4.4
4.5
2.9
6.8
5.1
4.8
7.7
4.5
3.9
5.8
2.5
4.9
0.0
3.2
3.2
3.5
4.5
3.4
2.2
3.1
3.2
3.9
4.5
3.4
6.0
4.3
3.9
5.0
4.1
4.5

3.0
4.1
4.8
5.0
2.7
4.4
11.4
5.4
4.5
5.6
5.9
5.5
1.4
3.6
3.0
4.6
1.8
3.6
4.0
5.9
3.5
6.0
1.8
5.3
2.1
4.3
3.7
4.4
6.5
4.4
2.8
5.4
3.3
6.1
4.4
5.1
4.8
5.2
3.9
5.5
4.3
5.0

4.1
5.6
6.6
5.3
5.0
5.6
11.0
6.0
5.7
6.4
8.1
6.2
2.8
6.9
9.5
8.7
4.2
7.6
7.7
7.5
5.1
8.9
6.2
7.6
0.0
9.2
4.8
10.9
10.4
9.3
1.6
5.0
4.3
6.3
4.3
5.3
7.3
6.6
5.7
7.4
6.7
6.8

* vacancy rate affected by new units leasing up

II-15

Average Rents by Apartment Type by County


(In Dollars)
2010

2009
County

Adams
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Arapahoe
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Boulder/Broomfield
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Douglas
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Jefferson
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Metro Average
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

1st

2nd

3rd

4th

1st

2nd

2011
3rd

4th

1st

2nd

2012
3rd

4th

1st

2nd

2013

2nd

3rd

4th

577.47 545.73 537.85 599.85 587.55 674.19 659.39 613.67 557.55 527.74 610.85 638.59 647.56 649.30 650.79 671.53 701.46 721.47 635.85 730.12 793.18 665.08 634.23
736.51 748.66 725.94 695.11 754.64 770.89 784.46 769.27 789.71 766.82 822.10 797.86 816.52 789.62 778.08 771.42 794.79 806.27 826.73 825.68 858.89 891.45 927.93
811.43 878.07 861.62 776.56 857.24 860.80 891.80 846.93 861.82 830.40 858.73 852.48 830.95 843.82 848.13 858.56 863.02 889.58 902.76 931.98 957.70 973.75 1025.65
1006.93 1009.62 970.65 923.00 1013.25 1012.72 1035.89 1030.50 1036.53 1047.53 1080.14 1051.87 1116.15 1062.60 1067.54 1061.47 1077.02 1116.03 1150.05 1129.35 1170.24 1234.15 1265.21
1204.98 1237.07 1125.97 1077.46 1113.73 1173.47 1203.03 1200.72 1255.98 1204.07 1308.25 1236.80 1246.64 1241.14 1282.64 1283.09 1315.65 1358.96 1479.06 1282.23 1402.53 1427.92 1476.72
863.63 884.23 848.22 809.39 874.56 892.48 914.71 892.65 904.78 886.33 935.46 909.71 934.03 906.85 893.86 893.35 910.71 933.96 962.53 948.68 988.48 1024.07 1066.70

678.44
951.44
1064.45
1302.52
1518.36
1096.11

745.59
991.77
1090.62
1348.87
1673.17
1130.71

783.53
1026.21
1153.31
1365.60
1715.27
1179.43

769.24
1063.53
1211.07
1419.78
1673.31
1207.18

756.93
1040.74
1187.37
1384.01
1729.76
1196.99

565.86 548.82 551.88 534.69 514.25 564.44 602.73 572.34 604.83 546.36 571.32 575.42 593.65 629.83 617.47 656.03 632.68 674.74 686.78 678.27 702.83 696.00
738.98 709.33 738.43 722.13 731.76 737.27 754.90 762.02 755.00 759.68 763.50 775.02 787.86 814.37 816.94 815.01 823.70 848.95 872.20 863.51 891.19 918.57
805.67 757.07 789.78 782.27 810.60 820.17 826.76 836.34 810.53 820.77 835.52 835.36 843.87 867.12 877.57 853.50 875.36 917.45 930.55 934.75 954.51 993.87
1001.23 978.55 1025.35 1001.19 974.12 1004.12 1044.61 1046.47 1035.97 1055.76 1052.06 1061.60 1068.62 1131.74 1137.46 1133.25 1116.60 1152.42 1179.87 1165.74 1199.19 1265.02
1269.28 1218.78 1206.83 1255.12 1235.90 1262.30 1299.39 1325.81 1283.60 1322.59 1305.15 1289.19 1302.07 1376.53 1375.89 1392.63 1356.72 1390.48 1431.93 1429.87 1452.84 1562.96
859.01 828.46 862.16 847.95 841.03 856.54 881.97 889.67 879.65 892.08 892.61 900.48 909.56 956.30 956.62 950.93 950.29 979.47 1007.31 995.27 1026.03 1067.01

799.91
960.11
1045.22
1308.75
1619.44
1112.87

802.01
975.63
1065.40
1305.64
1656.59
1120.14

832.70
1004.95
1115.57
1363.69
1735.84
1164.15

846.24
1065.38
1155.45
1427.39
1815.87
1224.41

890.45
1079.96
1170.98
1410.87
1768.32
1230.34

914.09
1069.55
1167.67
1412.23
1810.50
1229.09

713.64 712.88 719.32 714.41 731.22 747.61 731.30 737.71 752.78 798.59 816.26 782.56 805.66
843.51 880.02 859.59 844.49 850.10 882.44 876.48 878.39 875.48 893.63 905.02 929.51 942.26
912.01 917.76 898.18 880.94 865.38 898.44 919.67 939.04 961.14 960.80 958.95 961.02 996.00
1087.21 1104.97 1117.28 1085.42 1095.48 1180.20 1167.59 1172.99 1170.00 1168.75 1193.74 1197.83 1255.23
1216.97 1280.24 1283.15 1320.96 1317.18 1381.29 1376.10 1292.24 1375.22 1371.89 1374.00 1390.50 1453.69
942.18 967.19 951.11 943.23 946.60 995.07 993.25 996.22 1003.08 1016.15 1031.18 1037.94 1070.38

1st

2nd

3rd

914.35
1147.34
1199.69
1516.80
1617.55
1287.15

1075.11
1187.06
1220.35
1563.65
1687.07
1329.54

1078.27
1204.03
1258.66
1546.96
1666.23
1341.35

1409.16
1291.93
1321.40
1713.69
1861.13
1442.35

1198.01
1340.98
1341.65
1769.45
2008.62
1504.26

1240.99
1339.78
1398.34
1692.70
1987.45
1493.64

647.05 663.25 675.65 721.60 648.52 664.78 672.42 680.93 720.46 717.25 746.82 723.18 737.93 815.19 816.45 808.01 844.54 884.42 886.17 884.29
806.46 790.70 798.49 793.86 793.92 818.10 819.69 823.59 834.82 839.20 866.16 864.70 881.34 904.86 919.51 862.38 901.61 915.25 950.36 968.23
885.53 869.53 897.82 878.06 898.55 906.66 896.83 888.26 868.55 860.92 900.15 896.31 947.96 959.23 979.48 919.45 957.98 958.24 993.68 1015.52
1169.04 1126.14 1097.55 1163.05 1108.16 1143.62 1125.83 1135.90 1133.45 1147.66 1166.21 1181.63 1250.83 1290.11 1298.80 1250.77 1302.49 1327.00 1362.69 1353.31
1495.73 1456.48 1439.59 1397.92 1263.72 1321.12 1309.38 1332.35 1318.35 1301.38 1448.66 1381.17 1420.19 1429.85 1494.50 1653.35 1424.02 1457.73 1471.85 1576.77
901.44 881.37 888.07 902.66 883.87 909.46 905.01 910.73 915.30 918.05 950.14 940.81 973.39 1005.98 1015.87 985.09 1008.67 1025.93 1055.92 1064.87

920.81
995.39
1011.01
1404.81
1473.50
1092.97

1035.47
1023.56
1060.99
1449.08
1575.54
1126.83

946.85
1020.35
1072.75
1451.92
1601.54
1118.11

967.63
1075.16
1119.18
1520.75
1824.68
1183.28

1040.67
1099.71
1151.55
1544.75
1807.69
1216.47

1056.90
1162.81
1207.73
1620.84
1826.67
1278.65

1081.30
1185.83
1188.39
1621.56
1626.74
1294.30

1108.32
1198.80
1229.21
1647.18
1859.66
1314.45

742.00 742.00 742.00 570.00


861.40 861.56 900.19 874.91
939.81 939.64 1020.57 1011.95
1131.33 1115.79 1187.23 1144.54
1319.20 1354.96 1446.95 1406.91
1002.54 999.55 1058.13 1027.15

865.00
1077.89
1244.15
1404.82
1686.15
1261.71

1020.00
1166.51
1321.53
1502.41
1785.16
1350.83

915.00
1181.59
1329.15
1534.33
1893.15
1372.28

995.00
1193.55
1356.54
1527.71
1874.46
1384.25

1127.67
1205.83
1387.60
1559.79
1867.50
1406.26

1207.67
1299.23
1475.24
1621.63
1999.32
1487.95

1040.00
1268.93
1453.96
1649.07
1924.90
1478.84

1030.00
1252.74
1430.15
1585.83
1925.37
1445.79

560.38 561.07 540.43 556.80 557.52 556.99 594.63 593.84 595.32 561.67 602.76 596.41 608.94 636.58 619.65 625.85 681.21 703.19 709.82 679.61 718.97 792.36
723.15 720.93 724.18 725.32 726.04 745.26 766.70 752.94 750.47 764.29 787.22 789.83 807.02 827.41 857.89 841.52 869.21 890.37 928.32 902.43 910.86 983.94
787.50 789.60 780.35 917.03 798.69 814.16 816.09 815.55 816.91 816.50 844.89 838.82 849.31 867.10 873.24 863.55 878.46 901.06 944.53 924.73 943.07 1052.37
936.59 936.01 951.02 962.08 969.19 965.82 985.51 954.99 973.16 994.94 1008.49 1000.72 1018.26 1037.18 1081.12 1103.71 1107.51 1178.82 1208.44 1143.89 1205.68 1260.47
1080.05 1119.47 1118.76 1122.91 1111.09 1133.51 1157.06 1156.45 1164.89 1184.76 1221.11 1219.64 1213.65 1229.41 1241.19 1241.30 1235.79 1284.50 1372.52 1310.14 1334.54 1441.69
814.84 812.41 818.18 848.75 833.94 845.38 863.99 847.17 851.33 862.86 888.02 889.19 897.65 919.55 949.28 941.79 958.08 1003.19 1035.64 994.94 1032.66 1100.97

757.10
1017.75
1048.38
1342.47
1506.48
1155.20

796.20
1003.25
1054.85
1277.67
1486.25
1123.56

846.10
1046.10
1073.07
1319.00
1529.28
1162.71

862.06
1088.19
1121.69
1405.67
1648.53
1216.96

941.04
1132.98
1190.20
1438.28
1698.30
1269.46

890.62
1132.00
1154.41
1439.09
1673.83
1266.47

632.37 638.61 645.74 676.71 628.95 645.61 656.95 655.70 677.32 674.53 706.77 695.27 710.79 773.67 765.09 770.85 778.51 809.86 823.49 816.49 870.47
772.32 760.75 770.94 756.42 770.29 787.18 798.11 795.33 799.90 799.50 819.58 822.47 838.93 856.38 866.10 848.30 868.14 889.81 918.82 921.44 944.58
841.40 834.13 845.57 850.90 852.62 869.51 876.64 870.33 866.15 858.27 883.64 877.73 893.91 911.04 923.56 906.18 930.39 952.66 976.12 984.23 1003.96
1043.45 1027.33 1042.66 1035.87 1032.92 1058.99 1074.70 1068.95 1071.28 1085.16 1097.10 1098.45 1130.98 1162.32 1174.35 1170.70 1182.71 1227.38 1254.11 1233.91 1275.91
1245.42 1250.45 1229.25 1222.57 1216.55 1267.18 1285.56 1283.99 1286.43 1292.61 1336.55 1295.00 1316.48 1359.15 1374.33 1406.98 1378.91 1421.42 1468.13 1437.85 1473.59
881.92 870.37 880.99 875.39 877.16 899.97 912.68 908.77 911.41 915.08 936.46 932.02 952.60 979.80 986.42 978.99 992.77 1022.33 1048.63 1041.61 1073.63

892.57
1006.14
1078.38
1369.60
1591.57
1145.49

914.50
1034.51
1105.34
1383.44
1635.19
1168.65

977.66
1061.91
1138.31
1424.79
1692.20
1203.87

1003.97
1121.21
1191.79
1492.88
1787.96
1265.28

1032.75
1149.30
1217.39
1516.37
1758.19
1291.85

1060.63
1148.28
1217.77
1508.34
1808.21
1291.89

710.00
936.07
1092.49
1176.85
1545.91
1089.60

710.00
946.23
1097.67
1220.34
1503.32
1099.47

728.00
921.16
1070.52
1214.56
1550.72
1086.51

782.00
946.09
1128.00
1253.30
1590.98
1120.37

745.00
921.35
1077.86
1249.01
1452.82
1092.40

742.00
949.78
1102.37
1233.92
1516.24
1109.74

Rents are based on the units being unfurnished with tenants paying electricity and gas.
Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts.
Average rent minus rental losses equals effective rent.

II-16

790.00
948.13
1099.92
1267.69
1612.31
1131.19

795.00
960.55
1118.67
1281.57
1544.48
1140.85

787.50
1003.31
1186.36
1324.29
1621.09
1186.98

885.00
1005.37
1170.55
1329.91
1605.32
1186.34

896.00
1032.08
1218.70
1412.23
1704.51
1242.74

810.59
1045.16
1110.98
1439.82
1583.28
1194.19

4th

991.61
1091.72
1167.78
1497.00
1655.63
1264.25

784.50
949.36
1106.59
1217.95
1567.48
1112.52

893.42
1041.22
1084.64
1412.06
1568.64
1194.57

3rd

1048.55
1070.57
1155.58
1428.48
1644.45
1227.76

600.00
917.84
1094.79
1197.13
1555.55
1085.79

864.99
991.77
1085.71
1354.92
1526.98
1150.02

2nd

832.25
1059.93
1121.06
1412.58
1579.45
1198.13

835.00
908.53
1038.55
1180.02
1474.66
1055.12

868.49
971.61
1056.15
1273.80
1472.61
1103.61

1st

2015
1st

816.43
1017.54
1059.78
1272.76
1512.71
1115.69

4th

2014
4th

852.01
962.03
1012.48
1267.41
1455.25
1091.12

3rd

900.00
1057.44
1218.95
1371.85
1644.69
1235.84

930.00
1088.18
1194.11
1352.49
1636.38
1236.83

939.56
981.36
1051.35
1338.16
1548.50
1117.12

Average Rents by Age of Building by County


(In Dollars)
2009
County

Year Built

Adams

To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up

Arapahoe

Boulder/
Broomfield

Denver

Douglas

Jefferson

Metro
Average

1st

2nd

2010
3rd

4th

1st

2nd

2011
3rd

4th

1st

2nd

2012
3rd

4th

1st

2nd

2013
3rd

4th

1st

2nd

2014
3rd

4th

1st

2nd

2015
3rd

4th

537.24
729.08
691.71
822.99
933.50
1109.96

546.84
981.27
690.22
834.01
942.30
1071.52

547.11
968.27
677.97
798.01
876.24
1052.70

473.46
590.24
688.69
805.77
874.99
984.16

644.23
578.99
781.06
830.75
937.69
1060.66

515.91
659.71
790.89
821.40
937.45
1082.15

550.00
778.76
782.74
867.57
972.69
1077.86

560.00
670.43
756.47
868.24
952.81
1080.48

560.00
784.93
755.42
860.01
964.22
1081.40

585.00 585.00 585.00


677.17 676.64 806.59
697.43 741.47 743.56
858.44 968.22 868.76
984.93 979.10 979.09
1093.13 1072.05 1109.65

585.00
734.60
695.41
1007.29
990.91
1112.73

610.00 610.00 650.00


740.15 730.40 775.74
734.55 700.15 698.72
833.14 854.09 852.50
1000.62 1036.80 1059.86
1137.99 1101.71 1084.58

650.00
764.94
729.19
862.67
1053.79
1089.36

705.00 720.00 690.00


765.37 792.83 826.88
735.49 751.95 778.81
909.93 934.65 937.01
1082.90 1115.67 1090.93
1133.24 1169.24 1130.38

725.00
839.80
795.08
969.56
1138.73
1139.25

720.00 740.00 740.00


868.69 943.82 924.02
785.57 843.78 914.97
982.59 1129.01 1118.81
1216.03 1250.27 1262.42
1200.76 1236.21 1282.98

1092.50
687.94
703.99
756.75
985.26
1129.12

925.00
642.85
671.33
731.21
970.20
1121.04

977.50
691.38
663.08
741.60
1042.55
1080.77

847.98
654.48
635.02
719.54
1028.47
1069.00

937.07
675.93
696.05
749.09
1003.76
1074.41

918.89
653.04
700.78
763.15
1018.85
1092.88

991.33
672.76
690.95
781.12
1045.47
1143.65

984.33
695.24
669.45
784.24
1105.65
1142.58

665.63
687.13
669.78
794.32
1032.12
1146.39

688.14 713.63 694.65


665.29 670.85 678.31
768.30 792.47 789.20
1100.00 1120.57 1123.27
1128.07 1095.07 1129.71

651.03
686.20
797.99
1134.34
1139.66

686.67 586.11
668.28 666.51 675.91
702.95 698.81 710.99
820.53 837.79 810.49
1153.25 1168.62 1190.27
1167.70 1165.76 1177.73

643.33
739.85
724.74
839.55
1141.40
1195.42

906.38 794.68
784.84 777.16 796.52
731.12 748.19 776.66
866.22 900.03 883.95
1191.92 1208.85 1207.95
1194.36 1226.11 1234.94

778.10
806.54
777.77
921.06
1245.98
1238.11

787.70 766.55 860.90


832.42 871.51 948.14
816.87 858.82 877.17
975.89 1035.39 1035.74
1303.08 1352.23 1342.04
1296.46 1315.14 1310.89

821.88
971.10
742.22
859.88
993.65
1226.11

821.88
885.33
789.71
858.35
1003.98
1258.08

841.25
883.70
772.83
848.40
1014.68
1183.98

841.25
898.31
768.09
862.21
1026.18
1110.44

731.57
904.31
760.80
874.26
1038.47
1111.03

733.13
890.03
734.14
881.07
1125.50
1141.78

625.00
873.54
760.25
902.00
1116.94
1145.41

700.22
906.04
817.73
897.23
1108.35
1086.65

700.22
969.17
814.87
935.11
1094.47
1116.89

701.30 641.67 748.26


972.20 1039.59 990.40
822.44 824.73 791.05
934.82 951.19 955.20
1090.26 1122.24 1127.70
1155.28 1109.54 1155.60

741.39
1010.84
852.21
954.12
1203.55
1171.67

948.13 641.67 763.57


1090.27 985.02 989.54
839.77 847.40 878.80
967.30 1005.63 1007.33
1185.27 1233.30 1262.23
1188.05 1223.11 1135.95

796.17
999.53
948.56
1049.42
1257.37
1215.34

752.35 779.04 785.83


1015.54 987.90 950.65
905.59 891.79 942.94
1079.47 1145.03 1084.98
1316.98 1323.19 1341.05
1276.38 1283.28 1289.42

668.60
1073.63
1024.01
1104.00
1314.05
1301.41

735.00 819.43 735.00


1165.91 976.90 1076.47
973.62 990.78 1009.93
1141.01 1248.36 1198.07
1378.75 1377.68 1399.62
1324.81 1483.74 1423.26

689.15
697.80
701.13
855.30
1234.64
1318.60

682.32
708.35
680.08
822.71
1216.94
1223.08

725.88
693.78
677.37
839.14
1184.72
1212.47

707.25
718.62
665.19
841.72
1185.93
1235.51

721.40
728.03
727.01
883.84
1045.51
1262.53

720.47
723.79
707.40
919.35
1064.16
1296.37

732.15
728.36
704.16
898.54
1080.01
1267.31

701.22
724.62
710.00
906.87
1089.37
1251.48

689.70
722.99
717.55
901.96
1114.47
1240.65

656.49 675.55 759.48


718.51 749.35 765.14
722.06 749.55 725.94
895.76 920.78 931.85
1114.45 1132.67 1190.85
1262.66 1320.46 1276.60

718.77
775.13
754.15
982.62
1222.41
1277.89

784.24 755.50 741.08


802.50 810.95 790.60
754.04 792.49 750.61
1016.69 986.12 1031.60
1251.22 1254.87 1197.98
1336.19 1379.61 1504.08

774.05
845.42
791.36
1031.93
1194.53
1385.84

830.89 818.34 862.50


844.78 839.17 874.29
781.24 820.61 829.63
1054.38 1071.91 1097.79
1191.78 1245.29 1404.32
1389.92 1419.21 1378.51

920.45
883.22
820.95
1097.33
1241.42
1451.39

910.95 926.42 954.17


887.41 893.56 970.78
856.07 877.54 910.96
1211.73 1172.72 1201.99
1314.45 1438.66 1433.33
1501.08 1495.39 1551.68

1027.62
992.65

852.63
991.04
1019.24

886.76
1069.31
1069.81

886.76
1034.89
1037.61

900.18
1081.59
1067.85

865.86
1152.44
1066.22

931.67
1186.78
1059.19

895.97
1172.80
1018.56

895.97
1085.75
1120.42

871.45 917.49 892.45


1091.13 1099.56 1115.19
1120.42 1168.07 1112.77

1017.75
1162.74
1086.85

983.70 985.93 1062.57


1180.77 1203.10 1216.23
1121.54 1130.94 1142.81

1083.58
1223.35
1217.38

835.00
1097.50 1034.47 1083.59
1276.35 1271.72 1241.62
1328.22 1289.88 1291.73

1083.75
1285.21
1300.06

1192.26 1229.78 1260.77


1477.31 1498.26 1488.82
1334.20 1374.78 1412.84

598.31
701.19
705.24
839.92
959.87
1004.01

628.09
711.79
707.70
812.82
992.11
917.71

641.62
715.95
684.09
795.71
969.84
1035.24

629.42
740.46
767.30
801.35
968.28
1031.46

627.49
760.68
702.15
833.10
920.94
1003.23

609.05
720.27
723.44
823.04
934.27
1063.70

549.76
733.27
741.34
829.12
993.82
1067.76

553.90
731.91
756.20
817.26
991.99
1004.34

605.94
714.94
758.48
819.55
1012.03
1071.59

658.59 642.99 795.18


729.94 743.55 740.44
747.63 769.27 776.27
809.22 844.17 846.08
1022.95 1035.71 1051.52
1095.60 1131.94 1110.45

690.40
733.65
777.94
852.94
1085.61
1140.97

803.86 792.88 753.58


775.74 774.80 788.39
776.99 824.67 804.81
885.75 933.86 960.13
1117.16 1106.97 1088.90
1159.81 1198.49 1204.21

752.26
790.53
808.00
955.22
1124.29
1246.72

714.34 739.86 736.13


805.78 825.39 852.72
819.89 851.76 867.64
1030.82 1047.29 1024.92
1149.35 1172.89 1146.30
1250.84 1269.67 1312.81

763.11
850.58
901.49
1057.96
1175.32
1347.46

774.68 747.07 865.50


879.82 909.92 867.50
933.99 970.25 965.81
1108.25 1194.23 1155.63
1297.65 1299.81 1275.49
1231.64 1374.14 1335.20

685.39
739.15
704.94
803.49
1015.58
1158.84

680.32
748.51
691.18
783.44
1011.87
1128.72

721.13
758.84
685.39
785.04
1027.48
1128.07

700.98
710.72
692.89
775.80
1024.00
1111.09

720.01
721.88
724.87
808.84
999.75
1124.93

717.43
715.21
721.66
822.03
1033.69
1163.45

721.60
731.96
722.10
828.80
1063.00
1167.99

691.21
736.07
723.48
832.74
1074.10
1159.76

681.17
751.66
725.13
837.66
1043.00
1168.47

656.79 672.46 759.38


734.12 760.50 768.79
713.37 732.96 727.89
823.75 861.51 847.68
1070.34 1086.02 1096.80
1173.62 1184.03 1176.75

717.34
765.84
735.90
886.41
1129.44
1180.23

784.50 752.63 740.01


798.17 806.51 803.25
748.10 754.99 747.66
880.02 888.81 886.73
1148.09 1161.76 1171.01
1210.92 1223.89 1234.24

772.61
818.76
770.35
905.51
1159.70
1233.17

820.33 815.34 844.20


824.18 841.73 858.50
771.44 796.31 821.11
940.47 971.11 964.44
1201.11 1219.24 1226.37
1271.34 1302.04 1284.55

893.72
870.22
834.33
987.65
1238.13
1315.62

887.92 897.83 939.17


880.90 899.30 962.50
856.38 888.47 920.05
1054.31 1104.52 1100.00
1322.41 1358.91 1353.86
1360.63 1381.90 1416.13

Rents are based on units being unfurnished with tenants paying gas and electricity.
Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.

II-17

1st

2nd

3rd

4th

1059.64
903.35
1103.75
1316.32
1333.69
1346.26
818.96
857.86
903.19
1068.43
1384.60
1309.18
1622.24
815.35
1097.26
1035.55
1184.92
1368.17
1333.71
1651.63
992.28
964.93
928.43
1242.19
1401.51
1477.13
1764.58

1061.27
952.41
1207.19
1325.43
1333.52
1442.74
860.26
1036.46
930.67
1142.75
1438.66
1396.62
1520.82
1045.00
1118.70
1098.61
1344.12
1473.42
1465.83
1749.10
1035.41
1064.63
986.65
1306.56
1446.89
1587.71
1829.53

1094.06
1033.98
1204.82
1366.76
1376.46
1431.06
825.83
1009.22
975.80
1150.67
1404.90
1424.97
1606.93
1376.63
1061.45
1133.47
1268.00
1594.48
1483.25
1868.02
1011.10
1054.27
993.91
1293.48
1485.76
1547.30
1802.17

1062.89
1016.16
1184.53
1345.39
1315.90
1378.03
893.19
1076.09
966.11
1132.78
1445.66
1431.00
1585.38
875.57
1102.35
1391.20
1225.71
1552.45
1436.50
1694.77
1043.54
1102.08
1020.31
1298.97
1448.57
1519.18
1859.47

1273.39
1450.76
1378.90
1545.72
847.45
959.37
983.68
1177.30
1338.92
1346.65
1499.24
964.64
971.33
933.04
1129.27
1374.88
1366.30
1649.39

1298.14
1600.14
1438.00
1611.15
897.39
987.17
986.85
1215.17
1397.70
1452.38
1560.95
1012.77
1049.78
970.23
1202.91
1437.37
1441.85
1697.05

1348.39
1567.03
1439.20
1613.73
972.64
1037.69
1079.22
1277.28
1388.83
1444.07
1629.81
997.46
1044.00
1016.16
1212.61
1464.79
1450.83
1729.72

1370.08
1496.41
1410.68
1492.75
928.99
957.66
1091.68
1246.16
1347.89
1462.02
1596.41
1017.17
1087.09
1022.60
1194.64
1439.35
1429.57
1713.77

Average Rents by Size of Building by County


(In Dollars)

County

Adams

Arapahoe

Boulder/
Broomfield

Denver

Douglas

Jefferson

Metro
Average

Number of Units

Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up

2009
1st

2nd

2010
3rd

4th

1st

986.14
630.73
763.07
883.67
892.07
2136.93
643.98
631.78
751.57
934.60
821.08
1606.98
835.91
929.34
969.45
911.30
980.22
645.67
653.98
719.28
799.88
1029.02
913.57

1766.34
621.46
758.45
902.78
896.62
786.30
621.31
610.64
724.44
923.67
785.49
787.50
870.50
917.00
972.64
937.80
1024.11
642.49
653.04
744.95
805.81
999.50
899.54

1499.32
607.77
724.13
859.09
869.51
1255.03
615.04
751.13
733.28
932.00
843.99
725.11
901.56
889.64
898.74
909.09
1070.97
729.48
698.63
725.06
831.69
962.68
922.85

862.50
622.13
643.83
739.03
847.98
805.06
637.75
593.84
706.37
731.88
882.21
861.57
747.59
888.29
887.72
950.56
893.32
1006.60
701.58
840.63
790.59
845.24
977.79
883.46

523.21

523.21
689.10

523.21

548.21

523.21

1056.94
1007.31
733.50
1237.78
768.27
766.20
866.58
854.48
706.29
868.55
768.06
796.14
910.94
880.34

837.50
1103.63
1047.59
704.16
677.34
692.30
829.89
864.85
849.31
667.23
685.29
765.69
812.94
916.46
894.90

963.76
1031.41
725.09
660.09
715.79
766.96
850.55
853.57
903.01
678.59
708.10
798.84
935.29
890.56

988.55
1014.80
742.45
659.62
686.35
765.49
824.13
891.88
702.10
710.62
704.81
791.39
930.67
876.38

592.50
649.78
741.41
769.95
854.88
967.47
619.23
629.42
673.96
747.04
899.12
833.75
758.65
814.09
918.71
946.07
891.99
1044.11
643.35
689.93
807.52
813.32
970.90
882.90

2nd

862.50
675.90
788.26
772.47
896.93
948.28
668.13
662.49
686.27
715.59
926.87
850.44
768.17
857.30
953.16
1022.61
896.19
1118.93
713.54
719.14
772.46
891.85
987.23
909.36

2011
3rd

4th

1st

2nd

782.25
738.30
632.34
718.97
917.85
935.87
650.08
658.65
685.24
726.87
960.55
885.44
739.38
890.23
969.82
1076.79
965.44
1083.10
648.49
688.47
758.20
920.29
968.30
934.71

2012
3rd

4th

1st

556.25
624.73
592.71
739.78
932.64
1044.10
583.34
642.19
697.16
740.53
958.03
891.06
710.44
902.14
1042.91
1078.29
989.85
1091.70
688.79
695.06
872.85
938.35
1021.78
941.58

362.50
1032.74
625.72
747.67
924.68
961.71
568.76
634.27
707.69
757.94
968.98
896.41
767.47
924.39
1052.99
1044.88
1000.14
1103.34
696.78
775.56
816.81
971.87
983.00
954.77

672.00
724.26
680.20
740.35
942.39
1016.68
696.22
661.87
727.29
765.13
974.98
907.94
759.00
947.06
1054.23
1068.74
1015.76
1158.47
701.87
747.64
830.37
936.09
1027.01
1027.91

672.00
731.58
714.32
774.16
936.64
920.81
630.24
677.22
717.79
806.08
1046.71
931.22
795.35
953.69
1085.30
1083.50
1025.32
1202.59
720.53
781.67
810.49
1009.07
1028.65
1081.64

1141.23
1077.92
738.19
791.81
714.04
832.48
917.35
953.53
720.12
756.95
797.17
854.97
990.43
979.45

850.26
1144.94
1132.55
765.18
812.30
735.52
853.07
937.38
969.27
721.34
787.62
793.26
895.38
1016.90
1000.11

862.50
968.40
765.50
768.79
945.09
941.53
634.53
634.14
703.20
701.06
962.83
876.90
759.82
872.99
942.44
1029.87
901.39
1102.53
697.41
698.94
787.52
929.35
975.96
895.96

862.50
621.37
705.50
752.60
905.72
952.12
633.96
653.45
696.66
720.31
988.93
872.21
728.98
811.88
917.37
1020.00
936.35
1108.73
643.88
695.72
802.48
927.30
994.31
906.30

237.50
902.24
795.27
720.03
917.87
956.12
619.36
639.52
707.06
731.76
958.12
865.76
754.10
882.34
947.45
1048.91
961.11
1074.07
651.28
668.21
804.36
923.22
975.66
926.51

487.50

487.50

548.21

523.21

931.67
1094.76
1125.67
706.06
671.70
760.49
810.34
912.50
888.37
694.44
711.04
776.58
838.11
957.52
929.36

895.97
1088.04
1102.57
710.14
667.56
743.78
792.22
876.87
903.48
674.97
688.04
771.52
830.85
960.23
925.03

895.97
1120.80
1096.01
713.79
676.16
735.52
791.98
889.18
906.19
677.34
695.03
785.58
831.18
957.30
925.21

895.97 895.97 824.18


1130.81 1157.95 1135.01
1067.58 1106.87 1072.50
750.73 732.64 741.58
671.02 781.16 800.08
746.96 760.45 758.32
792.02 816.59 817.93
905.43 904.97 897.59
914.52 954.98 948.79
696.32 689.48 696.63
702.23 723.13 781.63
748.57 793.02 789.47
826.77 838.90 852.74
957.79 974.55 968.07
931.46 956.36 948.91

2nd

2013
3rd

4th

1367.00
704.35
630.43
774.76
944.29
894.69
689.56
673.69
751.31
782.95
1030.46
951.32
731.51
1000.66
1066.92
1092.93
1070.29
1217.60
703.92
805.26
842.52
990.95
1069.79
1073.51

1367.00
656.13
632.18
767.55
928.61
910.19
652.69
662.36
738.32
795.39
1027.52
930.72
778.41
961.41
1064.90
1123.97
1078.51
1143.11
719.56
798.40
795.31
1015.56
1045.31
1010.35

1195.34
1180.60
749.35
800.68
745.03
838.06
980.56
1027.67
729.96
785.41
781.69
884.20
1026.89
992.15

1st

2nd

2014
3rd

4th

729.67
676.15
795.86
940.28
920.77
609.37
690.83
784.11
790.57
1026.48
932.85
794.49
971.30
990.34
1205.68
1095.90
1216.67
731.53
823.24
844.68
979.81
1056.12
1058.87

1367.00
693.04
663.76
801.93
974.11
942.45
622.29
704.98
935.63
780.89
1038.37
976.13
773.68
980.99
989.43
1248.65
1121.89
1302.61
732.74
856.87
866.87
996.04
1092.54
1035.63

1367.00
744.18
678.97
815.81
1022.59
954.06
659.43
746.08
936.82
843.04
1079.55
989.21
796.00
1075.56
1071.42
1232.21
1111.14
1292.37
741.67
875.11
933.42
1037.31
1113.35
1064.22

756.70
750.81
836.29
981.26
970.70
770.50
761.16
872.31
853.96
1065.50
984.03
810.55
1031.19
1097.28
1257.22
1169.49
1238.10
761.44
886.60
844.13
1123.81
1093.86
1081.57

1230.44
1157.42
755.48
804.10
738.23
866.67
1007.96
1037.06
732.15
806.95
819.04
902.26
1038.28
1005.42

1302.66
1201.30
784.11
834.52
752.29
871.46
1058.11
1087.77
748.91
840.54
846.92
913.20
1068.03
1034.17

920.27
1271.16
1218.40
792.91
840.44
795.31
913.28
1092.99
1127.57
758.60
859.63
898.82
952.82
1097.95
1055.50

1268.28
1217.85
775.42
837.13
854.26
906.62
1011.62
1070.56
774.39
862.72
875.68
986.90
1079.82
1050.31

1st

2nd

2015
3rd

4th

1st

3rd

4th

785.49
731.56
868.38
1025.28
998.58
714.67
748.48
999.18
882.78
1089.26
1015.63
792.98
1115.12
1118.82
1291.53
1204.42
1266.49
749.47
922.48
962.17
1102.65
1197.56
1055.63

1390.00
741.49
771.02
869.74
1065.48
1054.62
685.18
720.31
928.84
888.61
1179.36
1045.02
851.32
1122.10
1002.96
1323.78
1219.84
1341.49
797.47
951.30
947.85
1133.09
1184.64
1139.77

1390.00
798.83
820.46
920.76
1139.81
1033.38
700.37
757.28
994.04
954.68
1196.29
1097.45
905.93
1090.11
1173.98
1279.51
1286.38
1352.55
840.06
960.41
975.22
1116.41
1190.65
1097.81

1411.00
770.84
818.26
956.42
1174.76
1068.11
649.33
836.42
1085.48
984.26
1177.53
1116.98
852.63
1100.30
1214.14
1315.90
1348.83
1349.46
777.29
974.99
1000.07
1242.20
1255.40
1174.62

1411.00
761.51
901.81
972.18
1186.81
1121.10
780.37
798.40
1039.21
1017.02
1256.77
1137.03
851.84
1113.43
1335.69
1327.04
1392.09
1291.03
780.84
986.01
1028.57
1285.73
1272.43
1213.70

1411.00
783.54
890.47
975.61
1250.62
1179.66
871.57
860.27
1057.86
1052.08
1308.64
1210.13
980.93
1238.51
1472.31
1603.11
1411.48
1428.38
860.30
1046.65
1109.62
1319.02
1381.24
1238.41

2nd

1411.00
759.07
857.07
1097.49
1257.36
1200.88
767.65
849.51
1122.59
1030.37
1305.46
1227.47
1169.93
1302.63
1550.27
1663.51
1471.77
1504.79
808.11
920.49
1036.33
1322.80
1377.06
1254.23

1432.00
900.89
803.21
1096.99
1243.93
1189.75
1155.25
831.78
1227.08
1025.76
1346.62
1181.08
920.96
1101.51
1531.40
1632.58
1454.23
1509.89
861.09
1093.24
1186.20
1312.62
1426.00
1269.59

1303.90
1234.81
797.35
852.46
835.80
908.93
1089.39
1091.54
765.47
897.89
957.29
997.36
1132.06
1065.30

1415.18
1311.37
800.07
1208.51
906.35
968.26
1140.01
1152.92
796.76
971.94
918.26
1016.09
1178.41
1124.95

1440.57
1332.10
985.17
875.05
930.38
949.42
1183.05
1292.80
899.30
921.08
975.42
1036.68
1208.15
1149.01

1427.31
1350.72
846.26
879.13
905.08
998.63
1136.64
1231.87
815.98
940.99
1004.59
1095.50
1225.14
1174.82

1442.61
1376.79
884.42
890.00
942.78
1037.51
1169.92
1282.14
836.16
944.26
1038.83
1124.92
1265.13
1201.89

1585.23
1436.03
1171.36
944.04
1028.67
1055.59
1206.23
1368.94
1058.20
1006.10
1106.91
1175.19
1330.45
1263.46

1561.62
1422.86
966.31
968.09
1058.36
1180.51
1278.09
1353.23
951.15
938.47
1133.40
1208.45
1351.41
1283.66

1482.61
1414.23
946.16
911.83
1052.42
1193.52
1304.64
1323.67
931.00
1033.40
1200.03
1219.17
1369.17
1264.22

709.88
835.00

1085.25
1040.39
763.31
663.44
853.60
765.82
851.12
835.10
823.15
741.74
756.41
789.55
925.13
896.55

834.78
1095.50
1090.61
746.87
673.96
759.05
820.92
876.89
864.07
722.10
712.29
765.54
829.13
937.59
920.23

Rents reflect units being unfurnished with tenants paying gas and electricity.
Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.
Average rent minus rental losses equals effective rent.

II-18

1163.43
1126.61
752.52
809.72
759.64
810.49
1005.56
1038.44
721.79
794.69
807.21
872.23
1036.21
1006.18

Average Rent per Square Foot by Apartment Type by County


(In Dollars)

Metro Average

Jefferson

Douglas

Denver

Boulder/
Broomfield

Arapahoe

Adams

Apartment
County Type
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

1st
1.12
1.00
0.91
0.94
0.92
0.96
1.14
1.00
0.88
0.92
0.93
0.95
1.38
1.17
0.98
1.02
0.89
1.08
1.24
1.05
0.95
0.93
0.99
1.03
1.01
1.10
1.07
1.02
1.02
1.06
1.17
1.03
0.87
0.92
0.92
0.96
1.22
1.04
0.92
0.94
0.94
0.99

2006
2nd 3rd
1.09 1.09
1.04 1.04
0.93 0.91
0.96 0.96
0.91 0.94
0.99 0.98
1.12 1.15
1.00 1.02
0.88 0.89
0.92 0.93
0.91 0.89
0.96 0.97
1.89 1.77
1.20 1.20
0.88 0.92
1.06 1.14
0.87 0.84
1.08 1.12
1.30 1.37
1.08 1.15
0.97 0.99
0.94 0.97
0.92 0.93
1.04 1.10
1.09 1.05
1.08 1.09
1.11 1.05
1.05 1.02
1.05 1.01
1.07 1.05
1.18 1.20
1.06 1.06
0.89 0.89
0.94 0.95
0.91 0.92
0.98 0.98
1.27 1.32
1.05 1.08
0.92 0.93
0.95 0.97
0.92 0.92
1.00 1.02

4th
1.11
1.02
0.91
0.94
0.93
0.97
1.10
0.99
0.87
0.92
0.91
0.95
1.66
1.18
0.93
1.10
0.97
1.11
1.32
1.09
0.96
0.96
0.95
1.06
1.35
1.08
1.04
1.01
0.95
1.04
1.04
1.07
0.88
0.95
0.94
0.99
1.28
1.05
0.92
0.96
0.93
1.01

1st
1.10
1.02
0.91
0.94
0.93
0.97
1.21
0.98
0.87
0.90
0.90
0.94
1.74
1.18
0.92
1.11
0.94
1.11
1.33
1.08
0.97
0.96
0.96
1.06
1.34
1.06
1.04
1.00
0.99
1.03
1.03
1.03
0.85
0.92
0.90
0.95
1.29
1.04
0.92
0.94
0.93
1.00

2007
2nd 3rd
1.15 1.15
1.04 1.04
1.00 0.93
0.96 0.95
1.00 0.95
1.01 0.99
1.24 1.24
1.01 1.02
0.90 0.90
0.95 0.90
1.01 0.94
0.98 0.97
1.57 1.37
1.18 1.18
0.95 0.92
1.08 1.03
1.01 0.97
1.10 1.08
1.23 1.24
1.10 1.12
0.99 0.96
1.00 1.04
0.95 0.97
1.07 1.09
1.35 1.13
1.11 1.09
1.06 1.05
1.01 1.00
1.02 1.02
1.06 1.05
1.03 1.09
1.03 1.04
0.86 0.87
0.91 0.92
0.89 0.87
0.95 0.96
1.24 1.25
1.06 1.07
0.95 0.93
0.97 0.96
0.97 0.95
1.02 1.01

4th
1.17
1.04
0.95
0.94
0.96
0.99
1.18
1.01
0.89
0.92
0.94
0.96
1.41
1.21
0.96
1.06
1.04
1.12
1.30
1.12
0.94
1.02
1.00
1.09
1.32
1.16
1.03
1.02
1.02
1.08
1.12
1.07
0.91
0.91
0.87
0.97
1.28
1.08
0.93
0.96
0.95
1.02

1st
1.17
1.05
0.97
0.94
0.97
1.00
1.13
1.01
0.89
0.92
0.94
0.97
1.24
1.22
0.95
1.03
1.02
1.10
1.30
1.13
0.93
1.01
1.08
1.08
1.35
1.13
0.97
1.01
1.01
1.06
1.07
1.04
0.88
0.93
0.89
0.96
1.25
1.07
0.92
0.96
0.97
1.02

2008
2nd 3rd
1.21 1.21
1.09 1.07
1.01 0.97
0.99 0.98
1.06 1.05
1.04 1.02
1.11 1.18
1.02 1.03
0.91 0.91
0.92 0.94
0.94 0.97
0.97 0.99
1.64 1.67
1.23 1.25
0.99 0.99
1.04 1.05
1.00 1.01
1.13 1.15
1.30 1.32
1.18 1.16
0.97 1.00
1.04 1.03
1.06 1.05
1.12 1.12
1.23 1.23
1.15 1.16
1.01 1.03
1.03 1.02
1.02 1.06
1.08 1.09
1.19 1.24
1.07 1.08
0.90 0.92
0.96 0.97
0.92 0.95
1.00 1.01
1.28 1.31
1.10 1.10
0.95 0.96
0.98 0.99
0.99 1.01
1.04 1.05

4th
1.06
1.06
0.96
0.97
1.03
1.01
1.13
1.03
0.93
0.95
0.96
0.99
1.61
1.23
1.03
1.04
1.03
1.14
1.30
1.15
0.99
1.05
1.05
1.11
1.25
1.10
1.11
1.00
1.01
1.06
1.21
1.05
0.90
0.95
0.91
0.99
1.28
1.09
0.96
0.98
0.99
1.04

1st
1.33
1.05
0.96
0.96
0.99
1.00
1.15
1.04
0.91
0.94
0.95
0.98
1.50
1.22
1.04
0.99
0.97
1.12
1.29
1.16
1.00
1.06
1.08
1.12
1.35
1.08
0.99
1.00
0.98
1.04
1.17
1.05
0.91
0.93
0.92
0.99
1.28
1.09
0.96
0.97
0.97
1.03

2009
2nd 3rd
1.25 1.03
1.06 1.04
1.03 1.01
0.96 0.93
1.01 0.92
1.02 1.00
1.16 1.12
1.01 1.02
0.88 0.91
0.92 0.95
0.96 0.94
0.96 0.98
1.40 1.44
1.21 1.24
1.03 1.01
1.00 1.02
1.01 1.02
1.12 1.13
1.32 1.34
1.13 1.13
0.98 0.99
1.02 0.99
1.05 1.01
1.10 1.10
1.35 1.35
1.08 1.12
0.98 1.06
0.98 1.04
1.00 1.06
1.03 1.08
1.17 1.16
1.05 1.05
0.91 0.91
0.93 0.94
0.93 0.93
0.98 0.99
1.29 1.29
1.07 1.08
0.95 0.96
0.96 0.97
0.98 0.96
1.02 1.03

4th
1.19
1.00
0.92
0.89
0.90
0.94
1.06
1.00
0.89
0.93
0.95
0.96
1.50
1.20
0.97
0.99
1.03
1.10
1.45
1.13
0.99
1.06
1.00
1.12
1.04
1.09
1.05
1.00
1.03
1.05
1.20
1.05
1.06
0.95
0.93
1.02
1.37
1.06
0.96
0.96
0.95
1.02

1st
1.32
1.09
1.00
0.99
0.97
1.04
1.15
1.04
0.94
0.92
0.98
0.99
1.54
1.20
0.96
1.00
1.03
1.10
1.31
1.13
1.02
1.02
0.93
1.10
1.52
1.14
1.08
1.05
1.07
1.10
1.12
1.05
0.90
0.95
0.92
0.98
1.29
1.09
0.97
0.97
0.97
1.04

2010
2nd
3rd
1.55 1.26
1.10 1.11
1.01 1.04
0.97 0.99
0.99 1.02
1.04 1.06
1.20 1.19
1.05 1.07
0.95 0.96
0.95 0.98
0.99 1.00
1.01 1.03
1.58 1.52
1.25 1.24
1.00 1.02
1.09 1.08
1.07 1.07
1.16 1.16
1.32 1.35
1.15 1.16
1.01 1.01
1.04 1.03
0.96 0.94
1.12 1.11
1.09 1.43
1.14 1.18
1.11 1.13
1.05 1.07
1.12 1.13
1.11 1.13
1.11 1.11
1.06 1.08
0.93 0.92
0.95 0.97
0.94 0.95
1.00 1.01
1.31 1.33
1.11 1.12
0.99 0.99
0.99 1.01
1.00 1.01
1.06 1.07

4th
1.19
1.11
1.01
0.99
1.02
1.05
1.14
1.07
0.96
0.98
1.03
1.03
1.53
1.24
1.05
1.11
1.00
1.16
1.35
1.16
1.00
1.05
0.95
1.12
1.29
1.19
1.12
1.05
1.11
1.12
1.10
1.08
0.93
0.94
0.96
1.00
1.32
1.12
0.99
1.00
1.01
1.07

Rents are based on the units being unfurnished with tenants paying electricity and gas.
Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.
Average rent minus rental losses equals effective rent.

II-19

1st
1.05
1.13
1.02
1.00
1.04
1.06
1.19
1.06
0.92
0.97
1.00
1.01
1.56
1.26
1.08
1.11
1.07
1.18
1.41
1.17
0.98
1.05
0.93
1.12
1.29
1.19
1.14
1.07
1.10
1.14
1.13
1.08
0.93
0.96
0.97
1.01
1.34
1.12
0.98
1.01
1.01
1.07

2011
2nd
3rd
1.05 1.18
1.10 1.21
0.98 1.01
1.02 1.05
1.03 1.06
1.05 1.11
1.18 1.24
1.06 1.07
0.93 0.96
0.98 0.98
1.03 1.03
1.02 1.03
1.66 1.72
1.27 1.29
1.06 1.06
1.09 1.12
1.06 1.07
1.18 1.19
1.40 1.45
1.17 1.20
0.97 1.01
1.06 1.07
0.94 1.02
1.13 1.16
1.32 1.42
1.16 1.19
1.11 1.17
1.07 1.11
1.14 1.16
1.12 1.16
1.17 1.23
1.10 1.13
0.92 0.95
0.98 1.00
0.98 1.01
1.02 1.05
1.35 1.41
1.12 1.15
0.97 1.00
1.02 1.03
1.02 1.05
1.07 1.09

4th
1.24
1.16
1.00
1.01
1.01
1.08
1.26
1.09
0.95
0.99
0.99
1.04
1.66
1.32
1.06
1.11
1.08
1.21
1.44
1.22
1.01
1.09
1.00
1.17
1.35
1.16
1.11
1.11
1.07
1.13
1.22
1.12
0.95
0.98
1.00
1.04
1.41
1.16
0.99
1.03
1.01
1.09

1st
1.22
1.19
0.98
1.08
1.03
1.11
1.31
1.11
0.97
1.00
1.00
1.05
1.70
1.34
1.09
1.15
1.12
1.24
1.46
1.25
1.06
1.16
1.05
1.21
1.35
1.19
1.14
1.10
1.13
1.15
1.26
1.15
0.97
1.01
1.00
1.06
1.44
1.18
1.01
1.06
1.03
1.12

2012
2nd
3rd
1.23 1.24
1.14 1.15
1.01 1.01
1.03 1.03
1.00 1.02
1.07 1.09
1.29 1.35
1.13 1.14
0.98 1.00
1.05 1.06
1.05 1.05
1.08 1.10
1.81 1.64
1.36 1.44
1.12 1.18
1.16 1.17
1.17 1.20
1.26 1.31
1.57 1.58
1.29 1.30
1.07 1.10
1.19 1.18
1.06 1.12
1.25 1.26
1.44 1.45
1.20 1.19
1.14 1.15
1.13 1.13
1.20 1.15
1.17 1.16
1.36 1.28
1.18 1.22
0.99 1.01
1.03 1.07
1.02 1.03
1.09 1.12
1.52 1.52
1.20 1.22
1.03 1.05
1.09 1.10
1.06 1.07
1.14 1.16

4th
1.27
1.14
1.02
1.02
1.02
1.08
1.37
1.13
0.97
1.04
1.05
1.08
1.90
1.38
1.19
1.17
1.16
1.28
1.57
1.24
1.06
1.15
1.25
1.22
1.43
1.25
1.22
1.16
1.20
1.21
1.47
1.21
1.00
1.09
1.04
1.12
1.54
1.19
1.04
1.09
1.09
1.14

1st
1.36
1.18
1.04
1.04
1.06
1.11
1.39
1.15
1.00
1.05
1.04
1.10
1.81
1.42
1.23
1.24
1.24
1.33
1.64
1.27
1.10
1.19
1.06
1.24
1.61
1.25
1.19
1.16
1.18
1.20
1.36
1.25
1.02
1.09
1.05
1.14
1.56
1.22
1.06
1.10
1.08
1.16

2013
2nd
3rd
1.36 1.35
1.20 1.23
1.08 1.10
1.09 1.11
1.09 1.17
1.14 1.17
1.44 1.50
1.19 1.22
1.04 1.07
1.08 1.11
1.08 1.10
1.13 1.17
1.87 1.56
1.48 1.48
1.20 1.25
1.31 1.32
1.25 1.26
1.37 1.38
1.69 1.67
1.28 1.34
1.10 1.13
1.21 1.25
1.11 1.11
1.26 1.30
1.63 1.64
1.29 1.32
1.24 1.25
1.24 1.20
1.25 1.21
1.27 1.26
1.38 1.42
1.27 1.32
1.05 1.09
1.15 1.18
1.07 1.14
1.18 1.22
1.61 1.61
1.25 1.29
1.09 1.12
1.15 1.17
1.11 1.14
1.20 1.23

4th
1.37
1.23
1.12
1.10
1.08
1.16
1.48
1.21
1.08
1.10
1.10
1.15
1.64
1.52
1.25
1.32
1.25
1.41
1.70
1.38
1.15
1.26
1.19
1.34
1.69
1.35
1.24
1.18
1.21
1.27
1.52
1.31
1.07
1.14
1.10
1.20
1.62
1.30
1.13
1.16
1.13
1.23

1st
1.55
1.27
1.15
1.14
1.17
1.21
1.53
1.25
1.10
1.13
1.12
1.19
2.05
1.54
1.27
1.33
1.29
1.42
1.72
1.41
1.16
1.30
1.12
1.36
1.57
1.34
1.29
1.22
1.24
1.29
1.71
1.31
1.10
1.19
1.14
1.22
1.69
1.33
1.15
1.20
1.16
1.27

2014
2nd
3rd
1.23 1.22
1.31 1.37
1.16 1.23
1.20 1.22
1.18 1.26
1.24 1.29
1.47 1.65
1.30 1.35
1.15 1.18
1.18 1.23
1.19 1.23
1.24 1.29
2.04 1.78
1.55 1.64
1.30 1.33
1.38 1.43
1.29 1.25
1.44 1.50
1.78 1.85
1.46 1.48
1.22 1.24
1.35 1.37
1.17 1.16
1.41 1.44
1.85 1.66
1.44 1.47
1.36 1.38
1.30 1.34
1.30 1.38
1.38 1.41
1.74 1.84
1.39 1.45
1.15 1.22
1.25 1.29
1.21 1.26
1.29 1.34
1.70 1.77
1.38 1.43
1.19 1.24
1.25 1.29
1.21 1.25
1.32 1.36

4th
1.32
1.40
1.26
1.26
1.31
1.33
1.73
1.38
1.21
1.24
1.26
1.31
2.18
1.70
1.38
1.42
1.29
1.55
1.90
1.55
1.28
1.42
1.31
1.51
1.81
1.49
1.40
1.34
1.37
1.42
1.78
1.42
1.22
1.24
1.23
1.31
1.84
1.47
1.26
1.30
1.28
1.39

1st
1.38
1.47
1.33
1.29
1.36
1.39
1.79
1.42
1.27
1.29
1.32
1.36
2.20
1.69
1.41
1.40
1.28
1.54
1.96
1.57
1.32
1.45
1.33
1.54
2.10
1.50
1.44
1.35
1.36
1.43
1.84
1.47
1.25
1.28
1.27
1.36
1.90
1.50
1.31
1.34
1.32
1.43

2015
2nd
3rd
1.46 1.41
1.51 1.58
1.37 1.41
1.31 1.37
1.41 1.35
1.42 1.48
1.81 1.94
1.49 1.52
1.33 1.34
1.35 1.36
1.35 1.32
1.42 1.44
2.41 2.15
1.81 1.88
1.50 1.49
1.57 1.61
1.47 1.51
1.68 1.73
2.06 2.04
1.67 1.65
1.38 1.36
1.51 1.48
1.36 1.28
1.62 1.58
2.24 1.89
1.61 1.58
1.50 1.51
1.41 1.43
1.45 1.41
1.52 1.51
1.87 1.90
1.54 1.60
1.32 1.40
1.37 1.39
1.35 1.37
1.44 1.48
1.98 1.98
1.58 1.61
1.37 1.39
1.40 1.42
1.38 1.35
1.50 1.52

4th
1.38
1.53
1.39
1.35
1.37
1.44
2.00
1.51
1.34
1.35
1.35
1.44
2.30
1.80
1.54
1.54
1.44
1.67
2.11
1.69
1.42
1.50
1.40
1.64
1.87
1.58
1.48
1.40
1.43
1.49
1.75
1.58
1.36
1.38
1.36
1.46
2.04
1.61
1.40
1.41
1.38
1.52

Average Rent Per Square Foot by Apartment Unit Size by County


(In Dollars)

County

Apartment
Size (Sq. Ft)

Adams

499 below

Arapahoe

Jefferson

Metro
Average

2008

2009

2010

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

1.22

1.13

1.05

1.09

1.09

1.47

1.47

1.28

1.32

1.31

1.30

1.28

1.37

1.28

1.30

1.33

2nd

2011
3rd

4th

2012

1st

2nd

3rd

1.25

1.49 1.36 1.23 1.24

1.23

4th

2013

1st

2nd

3rd

1.28

1.38 1.29

1.35

4th

2014

1st

2nd

3rd

1.33

1.38 1.46

1.33

4th

2015

1st

2nd

3rd

1.35

1.39 1.62

1.44

4th

1st

2nd

3rd

4th

1.42

1.65 1.70

1.85

1.82

1.77
1.56

500 to 749

0.96

1.00

1.02

1.00

1.01

1.04

1.02

1.03

1.05

1.09

1.07

1.07

1.07

1.07

1.06

1.04

1.11

1.12 1.13 1.12 1.15

1.09

1.24

1.18 1.21

1.15

1.15

1.13 1.18

1.21

1.24

1.24 1.28

1.30

1.38

1.39 1.49

1.54

1.59

0.95

0.98

0.96

0.95

0.95

0.98

0.96

0.98

0.98

1.02

1.00

0.99

0.96

1.00

0.98

0.91

1.01

1.01 1.03 1.02 1.03

1.02

1.07

1.02 1.07

1.04

1.05

1.05 1.07

1.10

1.12

1.13 1.17

1.20

1.24

1.29 1.32

1.36

1.44

1.41

1000 above

0.96

0.96

0.96

0.95

0.96

0.99

0.97

0.96

0.95

1.03

1.01

1.00

0.98

0.98

0.94

0.88

0.98

0.99 1.01 1.00 1.00

1.02

1.02

1.02 1.03

1.02

1.04

1.03 1.06

1.10

1.14

1.10 1.15

1.21

1.24

1.28 1.30

1.33

1.35

1.32
1.94

499 below

1.01

1.01

1.07

1.03

1.10

1.16

1.14

1.11

1.02

1.09

1.13

1.16

1.17

1.15

1.16

1.10

1.45

1.48 1.41 1.18 1.18

1.20

1.20

1.23 1.25

1.26

1.31

1.31 1.35

1.39

1.42

1.41 1.46

1.52

1.61

1.73 1.79

1.81

1.98

500 to 749

0.96

0.96

0.97

0.95

0.94

0.98

1.00

1.00

1.01

1.02

1.02

1.00

1.02

0.99

0.99

0.98

1.03

1.04 1.05 1.04 1.05

1.03

1.05

1.06 1.08

1.10

1.11

1.10 1.13

1.15

1.20

1.19 1.23

1.28

1.33

1.37 1.42

1.48

1.51

1.49

750 to 999

0.96

0.96

0.97

0.95

0.94

0.95

0.95

0.94

0.95

0.96

0.97

0.99

0.98

0.95

0.98

0.96

0.97

0.98 1.01 1.02 1.00

1.01

1.02

1.03 1.05

1.06

1.08

1.07 1.08

1.13

1.15

1.15 1.18

1.22

1.29

1.30 1.34

1.42

1.43

1.43
1.35

1000 above

Douglas

2007

2nd

750 to 999

Boulder/
499 below
Broomfield
500 to 749

Denver

2006
1st

0.93

0.94

0.94

0.94

0.91

1.01

0.93

0.93

0.94

0.93

0.96

0.96

0.94

0.94

0.96

0.94

0.93

0.96 1.00 1.01 0.99

1.00

1.00

1.01 1.02

1.07

1.09

1.06 1.07

1.10

1.13

1.10 1.14

1.19

1.22

1.24 1.30

1.35

1.35

1.34

1.40

1.34

1.38

1.40

1.36

1.43

1.39

1.34

1.39

1.39

1.43

1.40

1.61

1.42

1.39

1.42

1.43 1.44 1.60 1.47

1.54

1.56

1.63 1.62

1.74

1.81

1.70 1.68

1.73

1.64

1.88 1.85

1.91

1.96

2.05 2.04

2.04

2.09

2.36

1.11

1.17

1.18

1.19

1.21

1.17

1.19

1.22

1.24

1.30

1.31

1.29

1.30

1.31

1.31

1.27

1.25

1.25 1.26 1.28 1.33

1.32

1.36

1.38 1.41

1.43

1.47

1.48 1.51

1.54

1.53

1.53 1.61

1.65

1.65

1.68 1.70

1.86

1.84

1.84

750 to 999

1.05

1.03

1.06

1.03

1.02

1.05

1.01

1.04

1.03

1.04

1.09

1.08

1.06

1.07

1.07

1.05

1.06

1.11 1.12 1.12 1.14

1.14

1.14

1.16 1.18

1.21

1.28

1.25 1.29

1.33

1.37

1.40 1.41

1.41

1.49

1.56 1.58

1.68

1.76

1.72

1000 above

1.01

1.00

1.08

1.05

1.06

1.04

0.99

1.04

0.99

1.02

1.02

1.01

0.96

0.98

1.00

0.97

0.98

1.09 1.06 1.06 1.07

1.08

1.10

1.10 1.14

1.14

1.16

1.14 1.22

1.27

1.26

1.26 1.26

1.32

1.36

1.37 1.34

1.50

1.56

1.48

499 below

1.19

1.25

1.35

1.31

1.34

1.18

1.22

1.32

1.30

1.31

1.32

1.34

1.33

1.37

1.39

1.56

1.39

1.38 1.41 1.40 1.40

1.43

1.48

1.51 1.53

1.56

1.60

1.56 1.64

1.71

1.70

1.72 1.75

1.77

1.83

1.94 1.95

2.10

2.06

2.12

500 to 749

1.05

1.08

1.10

1.08

1.08

1.10

1.12

1.11

1.12

1.14

1.13

1.11

1.12

1.09

1.11

1.13

1.13

1.13 1.13 1.12 1.15

1.15

1.18

1.20 1.22

1.26

1.28

1.22 1.25

1.26

1.30

1.37 1.40

1.44

1.49

1.56 1.61

1.68

1.66

1.70

750 to 999

0.97

0.98

1.11

1.02

1.02

1.04

1.08

1.04

1.04

1.11

1.10

1.09

1.11

1.08

1.07

1.09

1.06

1.11 1.11 1.12 1.11

1.10

1.13

1.13 1.18

1.23

1.22

1.17 1.20

1.23

1.28

1.29 1.32

1.40

1.38

1.43 1.46

1.57

1.57

1.62

1000 above

0.98

0.97

1.01

0.99

0.99

1.01

1.02

1.02

1.02

1.06

1.06

1.08

1.09

1.05

1.02

1.04

1.01

1.04 1.02 1.03 1.03

1.05

1.10

1.08 1.15

1.18

1.21

1.20 1.17

1.20

1.23

1.23 1.26

1.26

1.32

1.40 1.41

1.46

1.42

1.47

499 below
500 to 749

0.99

1.08

1.01

1.00

0.97

1.00

1.01

1.06

1.01

1.02

1.07

1.06

1.03

1.05

1.08

1.00

1.19

1.05 1.16 1.20 1.21

1.21

1.23

1.18 1.20

1.20

1.18

1.19 1.24

1.39

1.37

1.39 1.40

1.52

1.56

1.54 1.64

1.79

1.68

1.62

750 to 999

1.10

1.09

1.08

1.08

1.06

1.11

1.09

1.15

1.12

1.14

1.15

1.11

1.07

1.05

1.11

1.08

1.12

1.14 1.16 1.16 1.17

1.14

1.18

1.14 1.18

1.18

1.18

1.25 1.24

1.28

1.30

1.32 1.33

1.42

1.44

1.47 1.49

1.58

1.56

1.55

1000 above

1.03

1.06

1.02

1.00

1.00

1.02

1.01

1.01

1.01

1.03

1.03

1.00

1.00

1.00

1.05

1.01

1.06

1.08 1.10 1.08 1.09

1.09

1.12

1.12 1.11

1.15

1.14

1.17 1.16

1.24

1.21

1.20 1.23

1.31

1.35

1.35 1.36

1.43

1.44

1.42

499 below

1.13

1.10

1.11

0.99

0.99

0.98

0.99

1.08

0.99

1.37

1.41

1.40

1.41

1.39

1.36

1.40

1.24

1.21 1.07 1.08 1.16

1.18

1.24

1.19 1.17

1.51

1.21

1.52 1.32

1.35

1.41

1.58 1.71

1.91

1.97

1.91 2.00

1.97

2.03

1.93
1.59

500 to 749

1.03

1.06

1.05

1.05

1.02

1.02

1.02

1.06

1.02

1.04

1.05

1.02

1.03

1.03

1.03

1.02

1.03

1.04 1.05 1.06 1.07

1.08

1.11

1.11 1.13

1.16

1.21

1.18 1.21

1.24

1.29

1.28 1.29

1.36

1.43

1.43 1.47

1.54

1.61

750 to 999

0.94

0.94

0.95

0.95

0.91

0.93

0.94

0.96

0.95

0.97

1.00

0.96

0.96

0.97

0.98

1.05

0.97

0.99 1.01 0.99 1.00

1.00

1.03

1.03 1.05

1.08

1.11

1.10 1.13

1.15

1.21

1.17 1.19

1.27

1.34

1.30 1.35

1.42

1.46

1.45

1000 above

0.89

0.91

0.94

0.96

0.91

0.90

0.90

0.89

0.91

0.96

0.97

0.94

0.93

0.91

0.93

0.94

0.93

0.94 0.96 0.94 0.95

0.97

0.99

0.97 0.99

1.01

1.04

1.07 1.07

1.14

1.14

1.11 1.16

1.22

1.25

1.20 1.25

1.32

1.35

1.34

499 below

1.17

1.20

1.25

1.23

1.26

1.22

1.25

1.28

1.23

1.30

1.30

1.33

1.32

1.32

1.35

1.42

1.40

1.41 1.40 1.36 1.34

1.38

1.41

1.46 1.47

1.52

1.55

1.53 1.55

1.60

1.59

1.65 1.69

1.73

1.82

1.91 1.93

2.00

2.04

2.08

500 to 749

1.01

1.03

1.05

1.03

1.02

1.05

1.06

1.07

1.07

1.09

1.08

1.07

1.08

1.06

1.07

1.06

1.09

1.09 1.10 1.10 1.11

1.10

1.14

1.14 1.17

1.18

1.20

1.17 1.20

1.22

1.27

1.29 1.32

1.36

1.42

1.46 1.51

1.58

1.60

1.61

750 to 999

0.98

0.98

1.01

0.98

0.97

0.99

0.99

1.00

1.00

1.03

1.03

1.02

1.01

1.00

1.02

1.01

1.02

1.04 1.06 1.06 1.06

1.05

1.08

1.07 1.10

1.12

1.13

1.12 1.14

1.18

1.22

1.22 1.25

1.30

1.34

1.36 1.40

1.48

1.51

1.52

1000 above

0.96

0.96

0.98

0.98

0.96

1.00

0.97

0.97

0.97

1.00

1.00

1.00

0.98

0.97

0.98

0.96

0.97

1.01 1.01 1.01 1.01

1.03

1.04

1.04 1.07

1.10

1.11

1.11 1.11

1.16

1.18

1.16 1.19

1.24

1.27

1.30 1.33

1.39

1.40

1.40

Rents are based on units being unfurnished with tenants paying gas and electricity.
Average rents do not reflect "rental losses" due to concessions, discounts, model, delinquents and bad debts.

II-20

Rental Losses from


Discounts/Concessions, Models, Delinquents, and Bad Debts
(In Percent)
Average Rent Minus Rental Losses Equals Effective Rent
2006
Building Type

1st

2nd

2007
3rd

4th

1st

2nd

2008
3rd

4th

1st

2nd

2009

2010

3rd

4th

1st

2nd

3rd

26.9

4th

2011

2012

2013

2014

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

3.8

2nd

2015

3rd

4th

1st

2nd

3rd

4th

0.9 11.9

7.5

Size
Up to 8

2.6

9 - 50

6.8

51 - 99

7.4

1.2

4.1

0.3

6.6

22.2

1.2 15.3 13.9 16.6

3.9

7.1

8.0

24.2

6.4

3.4

9.9

4.7

2.1

5.2

4.2

5.2

4.6

0.1

5.5

2.4

2.4

2.7

6.4

-2.1

2.9

0.8

1.7

31.8

5.4

3.3

5.2

2.1

3.5

13.8

4.9 11.6

8.2 12.1

1.7

4.3

3.6 10.7

13.7

26.5

-8.5

4.8

7.3

3.8

5.0

4.2

8.1

8.9

3.9

4.2

6.0

3.2

4.9

4.2

4.9

4.4

5.2

6.8

5.2

4.7

5.6

2.5

11.0 13.2

5.7

4.8

6.8

7.9

5.0

5.9 11.2

5.6

6.8

5.3

5.0

13.3

12.2

4.9

4.9

5.7

6.5

4.7

5.9

7.3

8.2

5.2

3.2

1.1

6.5

3.5

2.4 10.2

3.4

2.4

6.7 12.1

7.9

4.4

9.4 10.4

9.9

8.5

8.2

13.0

7.4

3.6

5.9

7.3

5.1

5.4

6.7

10.4 10.4 10.8

13.0

8.0

10.3

7.8

7.7

5.5

4.3

5.6

8.5

8.4

8.1

9.2

8.8

8.0 12.3

11.6

10.3

9.1

8.7

6.9

11.3

9.9

14.4 10.5 10.3

10.9

9.0

9.0

8.4

9.8

8.9

7.7

8.2

6.1

7.4

10.4

9.3

6.6

7.0

13.4

9.0

11.5 11.2

15.5

9.8

12.6

12.9

8.4 10.8

11.0

11.9

9.7

5.6

10.9

6.1

8.5

9.1

4.6

3.8

9.6

100 - 199

13.4

14.0 14.7 13.9

11.1

11.5 13.5

8.7

200 to 349

19.0

20.1 17.0 16.2

14.1

13.7 14.3 11.0 11.8 14.3

12.9 10.0

350 up

17.9

18.6 17.9 17.7

18.4

11.3

13.3

9.1

2.8

5.2

6.6

8.2

9.7 10.9 11.0 10.4

8.7

-3.1 10.5

4.2

9.2 11.6
10.5

7.0

4.5

4.7

6.5

13.6

7.6 11.8
10.0

8.0

5.7

10.0

9.2

13.1

10.3

6.7

12.2

6.1

Age
To 1959

9.5

1960-69

9.4

1970-79

12.5

1980-89

12.6

1990-99

18.9

2000-09

20.3

6.7

7.2

14.2 10.9

6.0

1.9

16.5 13.6 12.0

6.8

10.6

6.5

10.8 12.1

9.2

6.6

16.2 16.9 16.4

13.6

17.7 17.3 15.4

18.2

15.7 20.1 18.1

6.6

5.8

8.4

1.4

15.3 10.6 12.8 15.5 15.5


7.8 10.0 10.9

2.9

3.1

8.5

4.9

4.4

4.6

6.2

6.4

7.9

5.0

2.7

5.4 10.5

10.4

8.6

16.9

4.2

7.7

9.6

6.5

9.4

7.9

5.7

6.6

5.6

3.0

4.6

5.6

5.6

2.9

2.8

4.3

7.7

7.5

17.3 10.7

12.1

5.7

7.5

4.5

9.3

14.8 11.1

8.3

9.2

10.4

8.3

5.6

10.7

9.4

9.1 11.2

5.9 17.7

6.9

5.1

7.6

8.5

9.7

8.4

10.6 10.5

7.6

6.7

9.7

6.9

6.7

9.6

13.2

9.8

7.9

13.7

11.7

8.5 12.2

9.1

7.8

9.8

6.4

7.7

7.7

6.1

7.0

10.0

8.9

9.2 14.9

9.7

3.0

6.2

8.0

3.3

7.3

7.7

12.3

8.6

7.5

11.1

9.2

8.1

8.4

9.7

10.5

7.2

7.1

8.1

7.3

7.0

7.4

10.1 11.7

6.5

6.7

8.6

7.4

4.5

13.1 10.5

17.4

14.0

18.3 11.2 15.0

15.2

10.5

9.5

9.9

11.4

10.1

4.9

5.6

11.3

7.0

8.6

6.7

8.3

7.4

8.2

9.0

5.2

10.0 12.6

22.8

9.7 14.6

5.6

12.4 10.7

6.5

8.4

12.2 12.2 10.8 10.8 12.2

14.3

9.1

7.9

11.1 12.0 12.0

9.7

11.5 11.2

3.5

18.1 14.8

7.3 23.3

9.3

7.7

20.8

8.2

4.2

18.2 13.6

5.0

2.7

5.7

11.9

4.2

4.8

5.9

5.3 12.8

6.3

8.7

9.2

8.1

2010 up

7.9

7.2

County
Adams

16.7

18.1 18.1 14.7

14.7

16.2 12.6 12.6 12.0 12.5

11.8 11.1

7.1 11.8

10.4

8.3

12.4 11.9

14.6 10.4 10.6

13.8

14.5

10.8

8.1

5.5

5.7

7.9

7.2

14.4

4.2

8.6 11.0

Arapahoe

14.6

16.1 15.8 17.1

12.1

13.3 13.3 10.7 12.0 15.4

12.5 10.8

9.5

7.4

10.8

9.9

11.6 11.4

17.1 12.4

8.9

11.7

10.4

8.8

8.7

11.0

11.4

8.3

8.2

10.2

8.0

4.8

6.0

9.4 10.5

8.9

9.5

10.5 10.0

6.6

Boulder/Broomfield

18.2

22.6 19.5 17.3

17.6

12.3 10.5

9.5

8.7

7.0

7.7

5.5

4.0

7.2

8.3

5.3

5.6 13.7

12.3

5.3

8.0

6.4

6.1

6.3

2.5

8.3

7.9

7.6

6.2

7.3

8.9

8.8

1.6

5.1

11.1

2.9

Denver

16.5

18.8 16.8 14.6

13.6

10.8 10.6

7.9 11.6

9.8

15.4

7.4

10.2

8.9

13.8

12.3

10.3

9.2

7.7

8.3

7.8

9.5

7.2

8.5

5.8

9.1

8.7

8.9

4.5

5.7

Douglas

22.8

26.1 17.4 19.0

18.9

16.7 13.9 11.1

9.9

16.4 11.2

8.7

7.8

12.3

9.1

11.7

9.2

8.6

13.5

15.7

9.5

7.1

12.4 11.7

10.3

7.9

12.6

8.4

10.2

Jefferson

12.4

9.4 12.9 10.5

14.6

Average

16.4

17.1 16.3 15.3

14.3

8.4

3.9

7.5

7.2

9.2

7.7

9.7

13.3 10.4 10.6

9.0

11.5

5.3

13.4

6.5

9.3

10.4 14.2

6.1 10.9
14.6

6.9

9.5

7.2

13.3

8.5

14.0 17.3

9.8

8.3 11.2

7.8

6.8

3.5

4.6

8.1

8.1

8.3

6.4

8.9

6.4

5.6

7.7

7.8

6.7

8.6

7.6

8.7

4.8

4.9

7.4 10.4

7.5

4.3

9.5

7.9

5.9

8.7

8.8

8.8

5.5

12.3 12.0 10.5 10.7 12.1

12.3

9.1

7.8

7.9

10.8

8.7

9.7

9.6

13.6

9.8

9.5

11.4

10.4

8.8

9.1

9.7

9.6

7.4

7.2

8.9

7.7

6.9

9.3

9.1

8.7

9.7

10.0

8.6

6.1

7.8 10.7 11.6

II-21

8.8

Economic Vacancy Rates by Size, Age and County


Defined as Physcial Vacancy Plus Concessions and Writeoffs
as a Percentage of Gross Potential Rent
(In Percent)
Building
Type

2006
1st

2nd

3rd

8.1

9.5

9.8

2007
4th

1st

2nd

3rd

2008
4th

1st

2nd

3rd

2009
4th

1st

2nd

3rd

2010
4th

1st

2nd

2012

2011
3rd

4th

1st

2nd

3rd

4th

1st

2nd

2013
3rd

2015

2014

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

8.9

Size (in units)


Up to 6

5.7 21.3 18.7 21.4

9.8 14.3 33.2 12.9 31.3 11.3

8.0

14.1

8.4

5.1

6.6

9.7

8.0

6.7

6.7

3.8

8.8

5.0

5.5

4.7

8.6

1.6

3.5

3.2

3.1

39.0

6.4

9.7 10.6 20.7 11.8 17.0 13.3 17.6

4.0 11.0 29.5

7.8 11.7 10.3 20.1 20.7 35.7

-1.9

11.9

12.8

8.3

8.7

7.9

11.4

12.1

6.4

7.6

8.3

6.6

7.8

7.3

7.9

7.8

8.3

18.9

2.7 14.1
9.6

8.4

7.4

8.2

4.6

7.0

9.8 12.8 16.6 11.9 13.3 11.7 13.3 20.3 21.5

12.8

12.4

11.6

12.0

9.2

10.9

11.0

11.6

8.4

7.9

4.9

9.8

6.2

7.4 14.4

7.2

7.7

10.3 15.1

10.9

8.2

13.4 13.8

11.2

9 - 50

14.1 10.5 11.5

51 - 99

14.3 18.6 20.8 14.4 11.2 13.0 13.3

100 - 199

20.5 20.8 21.6 20.9 18.9 17.4 18.8 13.8 13.1 14.0 18.2 14.5 11.4 13.1 14.6 12.4

12.7

13.6

16.0

15.9

15.9

17.5

12.9

15.1

11.7

12.0

9.3

0.7

14.2

8.0

9.7

13.4

13.4 11.6

13.8

13.5

12.7 18.4

12.9

200 to 349

26.4 26.5 23.3 23.1 21.2 20.0 19.6 17.0 17.7 20.5 19.8 18.4 19.4 17.5 16.5 13.9

17.2

15.4

19.0

15.7

15.6

15.2

13.4

13.8

13.0

14.3

12.9

13.3

13.2

13.3 15.9

11.7

13.6

15.2 13.0

11.9

17.1

15.4 15.3

14.5

350 up

25.5 26.0 25.1 24.5 25.3 17.3 14.9 17.5 17.3 17.0 19.8 17.0 14.9 17.3 20.5 17.2

18.2

17.4

21.3

15.8

14.9

18.2

18.5

14.9

16.7

16.3

16.8

14.6

10.4

14.9 12.0

16.2

10.5

13.0 13.4

15.2

12.9

14.2 10.8

13.6

To 1959

17.7 14.0 14.5 11.7 12.8 15.3 12.8 11.4 13.0

12.7 11.4

1960-69

16.0 22.2 21.0 12.5

8.1

Age (year built)


8.5 12.5 11.3 10.9 14.8 11.1

10.2

10.4

9.2

7.2

8.7

5.9

8.2

14.1

6.4

8.5

8.3

7.1

8.5

8.3

8.6

8.7

19.7

8.1 20.9 16.2 17.9 21.5 21.0 11.7 14.8 12.2 18.2 18.7 17.1

7.2

23.9

10.4

15.3

12.6

14.8

11.4

13.3

11.9

8.7

10.6

8.6

6.3

8.6

10.4

9.5

9.9

7.7

1970-79

21.1 25.0 21.7 19.3 18.1 17.4 17.9 14.6 15.8 16.8 19.3 18.8 15.0 19.6 14.7 16.9

12.4

16.9

20.1

16.9

14.1

14.1

15.9

14.3

10.9

16.3

13.8

13.8

15.3

10.3 21.9

11.5

9.6

11.9 12.0

14.2

12.6

14.5 14.0

12.5

1980-89

18.8 22.5 22.7 23.2 20.9 18.3 17.1 16.7 16.3 18.2 20.6 16.2 15.0 14.1 15.6 13.2

12.6

14.6

17.6

14.5

12.4

18.2

16.4

14.3

17.6

14.0

12.5

14.9

10.0

11.7 12.0

11.0

10.8

14.3 13.1

13.0

18.4

13.2

12.2

7.6

7.5

8.8

9.9

11.0

10.4

7.9

7.6

20.6 13.6

8.7

17.0

7.2

1990-99

25.5 23.3 22.2 22.0 24.4 16.7 17.3 18.0 15.7 13.9 17.1 18.8 10.8 12.4 13.9

9.8

11.9

12.3

16.3

13.2

12.1

15.6

13.9

13.2

13.3

14.3

14.6

12.1

11.3

12.1 12.4

12.0

11.4

14.8 15.9

11.6

11.3

12.7 11.7

9.5

2000-09

31.2 27.9 34.3 28.5 20.5 28.4 22.7 16.0 21.6 32.9 32.5 21.3 30.1 27.3 30.1 25.5

27.4

21.6

26.9

19.8

23.8

21.7

16.4

15.8

15.1

16.0

14.6

11.1

13.1

16.0 11.9

15.7

15.2

14.7 12.4

14.7

11.2

11.7 13.3

10.1

28.8

27.0 30.6

27.8

2010 up
County
Adams

23.6 24.3 24.5 22.0 22.5 22.6 18.5 20.0 18.5 19.3 19.3 19.9 15.5 20.3 17.1 14.6

19.2

17.1

19.1

16.2

16.1

19.0

19.9

15.6

18.7

15.7

12.3

10.0

10.8

11.7 12.9

19.7

8.9

13.1 14.9

17.7

21.3

13.6 19.0

11.5

Arapahoe

21.6 23.0 22.6 24.5 19.9 19.5 18.3 16.7 18.4 21.3 19.5 19.1 19.2 18.1 19.3 18.5

18.8

17.8

23.8

19.0

15.3

17.2

16.0

15.6

15.0

16.6

16.2

13.3

12.4

14.7 12.7

9.9

10.4

14.1 15.1

13.7

14.4

15.4 15.5

13.9

Boulder/Broomfield

25.1 29.7 24.3 22.8 22.3 16.4 14.1 14.9 14.3 13.4 12.4 11.6 10.0 14.4 13.8 11.1

8.9

12.4

10.7

9.2

18.6

16.9

10.0

12.4

10.3

9.8

9.3

6.2

11.5

11.7 10.4

9.6

14.0

13.3 12.1

Denver

24.3 26.4 24.1 21.5 20.8 16.9 16.3 13.4 16.7 15.5 21.4 15.4 18.7 18.7 22.2 18.0

14.6

17.1

18.6

15.6

15.5

16.5

14.6

14.0

11.9

13.1

12.1

15.6

12.6

10.7 15.5

13.0

16.3

14.1

8.8

11.1

15.9 13.4

11.9

9.2

13.7

15.0

13.8

9.8

14.1

Douglas

31.0 31.8 23.8 26.0 25.3 22.6 19.4 18.1 14.5 18.2 22.3 18.6 15.8 13.6 16.6 14.4

16.0

9.2

17.8

11.7

14.7

12.8

15.5

13.8

13.5

17.4

19.9

13.7

13.6

17.5 10.7

18.3

12.2

16.2 15.4

14.3

12.5

16.0 12.8

20.6

Jefferson

19.9 16.7 20.2 17.1 20.9 15.2 16.1 17.6 13.9 17.2 14.3 14.1 11.1 11.8 14.4 15.4

14.1

11.9

12.8

10.9

10.3

12.3

12.2

11.0

12.4

11.5

12.4

9.0

8.6

11.1 14.0

12.1

7.7

13.2 11.1

9.7

11.9

12.2 13.9

11.1

Average

23.7 24.1 23.1 22.3 21.4 18.5 17.3 16.6 16.6 18.3 18.8 17.0 16.3 16.9 18.2 16.4

16.2

15.7

18.9

15.4

15.0

16.2

15.3

14.3

14.0

14.5

13.8

12.3

11.8

13.0 13.2

12.9

12.0

14.0 13.0

13.3

14.6

14.5 13.6

13.7

II-22

Average Rents for the Metropolitan Area


(in dollars)

Efficency

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

3 Bed

Other

All

By County
Adams

756.93

1040.74

1187.37

1384.01

1729.76

1390.74

Arapahoe

914.09

1069.55

1167.67

1412.23

1810.50

1646.63

1229.09

1240.99

1339.78

1398.34

1692.70

1987.45

1456.17

1493.64

Boulder/Broomfield

1196.99

Denver

1108.32

1198.80

1229.21

1647.18

1859.66

1463.47

1314.45

Douglas

1030.00

1252.74

1430.15

1585.83

1925.37

2063.00

1445.79

Jefferson

890.62

1132.00

1154.41

1439.09

1673.83

1385.19

1266.47

1060.63

1148.28

1217.77

1508.34

1808.21

1461.43

1291.89

998.71

1191.21

1429.89

1624.75

Northglenn/Thornton

850.39

1040.89

1192.74

1373.51

1666.82

1390.00

1199.20

Westminster

721.93

1057.83

1165.39

1414.30

1877.57

1432.00

1198.23

Metro Average
By Market Area
Adams County
Aurora-North
Commerce City

1200.79

Arapahoe County
1141.46

1188.15

1281.70

1569.74

1990.96

1671.00

1378.41

Arapahoe County - Southeast

Arapahoe County - South

999.87

1288.18

1475.92

1587.87

1804.38

2246.00

1452.13

Aurora - Central Northeast

731.88

923.52

997.84

1280.85

1775.88

Aurora - Central Northwest

911.74

929.20

1192.08

1289.79

1561.28

Aurora - Central Southeast

912.50

988.57

1138.22

1211.73

1621.37

Aurora - Central Southwest

732.40

996.75

1162.14

1361.54

1861.48

1000.71

1080.23

1181.57

1365.71

1770.28

547.64

1127.34

1320.10

1405.47

1981.37

1242.10

Glendale

1413.25

1233.28

1320.15

2030.19

2619.50

1495.99

Littleton

629.67

1153.64

1154.62

1502.28

1911.89

1285.26

Aurora - South
Englewood, Sheridan

1053.64
1088.54
1160.00

1104.20
1159.52

1948.57

1273.22

Boulder/Broomfield Counties
Boulder County - Other

1087.50

1313.85

1529.24

1687.72

1958.00

1614.00

1531.72

Broomfield

1167.00

1426.12

1383.97

1669.14

1973.66

1736.00

1529.43

City of Boulder - Except University

1470.53

1566.13

1520.26

1968.92

2551.20

1720.86

City of Boulder - University Area

1393.70

1179.07

1302.14

2388.01

2575.38

1449.97

Longmont

1048.44

1183.19

1277.17

1438.53

1597.21

1345.53

1295.39

Denver City/County
Denver - Central/Capitol Hill
Denver - Downtown

928.15

1190.80

1644.29

1915.22

2709.97

1509.55

1303.67

1306.74

1614.23

1576.59

2190.23

2995.24

2590.15

1730.65

Denver - East Central/Lowry

914.47

927.24

1181.43

1305.12

1738.60

1671.00

1086.40

Denver - Far Southeast

897.98

1056.75

1104.89

1382.03

1546.29

1382.08

1155.51

Denver - North Central/City Park

885.90

1113.70

1366.88

1345.00

1425.00

Denver - Northeast

938.00

1019.73

1070.89

1360.56

1604.37

1137.50

1150.62

Denver - Northwest

1431.32

1614.79

1552.53

2286.51

970.00

580.00

1750.20

Denver - South Central/Wash Park

1035.48

1182.57

1147.04

1795.50

2567.00

600.00

1308.23

832.68

1090.30

1170.99

1433.92

1331.62

1151.43

1192.35

1069.58

1208.77

1482.77

1814.86

850.00

1232.98

970.58

985.18

1096.15

4150.00

1541.67

814.00

1041.41

1059.95

1230.26

1394.50

1639.07

1030.00

1270.05

1468.37

1604.90

1953.11

2063.00

1466.08

Denver - Southeast
Denver - Southwest
Denver - West Central

1109.64

Douglas County
Castle Rock
Douglas County - North

1251.98

Jefferson County
Arvada

1197.53

1161.41

1048.53

1710.92

1527.64

1719.00

1265.47

Golden

692.50

1310.47

1271.50

1628.53

1399.36

2112.50

1495.19

Lakewood - North

707.10

1093.00

1206.41

1413.23

1694.28

1235.23

1225.57

Lakewood - South

987.50

1153.59

1231.49

1398.71

1738.65

1343.81

1298.73

Wheat Ridge

602.14

809.95

925.75

969.59

1149.20

1006.54

907.44

II-23

Average Rents for the Metropolitan Area - Buildings with up to Six Units
(in dollars)

Efficency

2 Bed
1 Bath

1 Bed

2 Bed
2 Bath

3 Bed

Other

All

By County
Adams

1432.00

Arapahoe

1364.00

1046.00

Boulder/Broomfield

500.00

891.88

1223.33

Denver

650.00

816.00

1037.27

Jefferson

510.00

942.36

936.07

Metro Average

555.00

933.44

993.00

1863.25

1432.00
1304.85

1233.33

1000.33
1147.00

590.00

898.63

870.67

1005.45

1432.00

1432.00

Douglas
1280.00
1233.33

1378.12

965.73

By Market Area
Adams County
Aurora-North
Commerce City
Northglenn/Thornton
Westminster
Arapahoe County
Arapahoe County - South
Arapahoe County - Southeast
Aurora - Central Northeast
Aurora - Central Northwest

769.00

947.50

Aurora - Central Southeast

1098.00

942.83

2455.00

2455.00

1445.00

1705.00

Aurora - Central Southwest


Aurora - South
Englewood, Sheridan

1925.00

1505.00

820.00

915.00

883.33

978.75

1187.50

1048.33

Glendale
Littleton
Boulder/Broomfield Counties
Boulder County - Other
Broomfield
City of Boulder - Except University

860.00

1233.33

1046.67

City of Boulder - University Area


Longmont

500.00

640.00

1295.00

750.00

833.57

1200.00

811.67

Denver City/County
Denver - Central/Capitol Hill

1257.50

936.36

Denver - Downtown
Denver - East Central/Lowry

881.25

881.25

Denver - Far Southeast


Denver - North Central/City Park

612.50

Denver - Northeast
Denver - Northwest

550.00

Denver - South Central/Wash Park

1200.00
685.00

1050.00

952.50

1181.25

970.00

700.00

1600.00

730.00
867.50
580.00

966.82

600.00

966.67

Denver - Southeast
Denver - Southwest
Denver - West Central

800.00

800.00

Douglas County
Castle Rock
Douglas County - North
Jefferson County
Arvada
Golden

510.00

777.50

1022.86

933.64

1056.40

1535.00

988.20

Lakewood - North

773.65

1280.00

935.68

Lakewood - South
Wheat Ridge

987.00

II-24

1175.00

1112.33

Average Rents for the Metropolitan Area - Buildings with Seven to Thirty-Six Units
(in dollars)

Efficency

2 Bed
1 Bath

1 Bed

2 Bed
2 Bath

3 Bed

Other

All

By County
Adams

700.00

931.82

962.31

1173.46

1510.00

999.76

Arapahoe

561.35

803.78

931.76

1153.79

1337.00

834.19

Boulder/Broomfield

797.86

920.49

1209.62

1480.63

Denver

844.27

1065.09

1337.33

1366.98

1516.36

845.64

993.57
1086.54

Douglas
Jefferson

729.55

814.39

903.50

975.75

1142.80

1131.25

891.64

Metro Average

801.80

1014.50

1133.50

1237.94

1307.73

1014.20

1028.72

1100.00

1250.00

1295.00

1510.00

700.00

730.00

810.00

900.00

937.00

1133.00

688.00

749.00

Englewood, Sheridan

361.25

792.35

868.75

Glendale

650.00

746.43

793.75

Littleton

698.00

835.85

969.05

City of Boulder - Except University

845.00

968.80

1181.25

City of Boulder - University Area

845.00

943.47

1550.00

Longmont

515.00

778.43

Denver - Central/Capitol Hill

845.76

1066.13

1363.21

Denver - Downtown

725.00

1186.21

1713.00

1068.97

Denver - East Central/Lowry

917.50

1062.41

1307.50

1022.93

885.90

By Market Area
Adams County
Aurora-North
Commerce City

1213.39

Northglenn/Thornton
Westminster

792.81

Arapahoe County
Arapahoe County - South
Arapahoe County - Southeast
Aurora - Central Northeast

1337.00

1147.67
742.22

Aurora - Central Northwest


Aurora - Central Southeast
Aurora - Central Southwest
Aurora - South
696.81
754.17
1200.00

863.26

Boulder/Broomfield Counties
Boulder County - Other
Broomfield
1014.76
1480.63

1052.68
760.87

Denver City/County
1269.85

1572.90

1605.00

1095.35

Denver - Far Southeast


1134.58

1366.88

Denver - Northeast

Denver - North Central/City Park

840.00

1035.00

Denver - Northwest

1061.69

1265.45

Denver - South Central/Wash Park

1063.67

1408.75

Denver - Southeast

875.00

866.67

Denver - Southwest

761.05

900.00

Denver - West Central

922.22

1345.00

1500.00

1122.56
990.00

1495.00

1304.23
1074.22
1000.00

878.13
774.29

865.00

1085.00

814.00

706.00

876.09

Golden

724.71

916.41

1152.00

Lakewood - North

775.00

861.09

895.84

1098.75

727.50

824.50

950.00

745.29

936.82

944.67

861.13

Douglas County
Castle Rock
Douglas County - North
Jefferson County
Arvada

Lakewood - South
Wheat Ridge

630.00

II-25

1057.00

890.04
909.56

1228.18

1131.25

936.43
777.22

890.00

848.29

Average Rents for the Metropolitan Area - Buildings with Thirty-Seven and Above Units
(in dollars)

Efficency

2 Bed
1 Bath

1 Bed

2 Bed
2 Bath

3 Bed

Other

All

By County
Adams

757.13

1041.08

1189.41

1384.61

1730.05

1390.00

Arapahoe

942.43

1071.86

1169.78

1412.86

1812.28

1646.63

1231.99

1256.74

1347.77

1400.91

1693.64

1987.45

1456.17

1499.73

Boulder/Broomfield

1197.78

Denver

1134.12

1211.15

1221.00

1648.85

1874.17

1581.23

1330.17

Douglas

1030.00

1252.74

1430.15

1585.83

1925.37

2063.00

1445.79

Jefferson

936.56

1141.61

1181.10

1440.96

1689.57

1407.87

1280.58

1083.48

1153.24

1221.96

1509.26

1814.10

1492.21

1299.38

994.00

1186.26

1437.48

1627.69

Northglenn/Thornton

850.39

1040.89

1192.74

1373.51

1666.82

Westminster

722.03

1058.95

1170.54

1415.51

1877.57

Metro Average
By Market Area
Adams County
Aurora-North
Commerce City

1200.10
1390.00

1199.20
1200.25

Arapahoe County
1141.46

1188.15

1281.70

1569.74

1990.96

1671.00

1378.41

Arapahoe County - Southeast

Arapahoe County - South

999.87

1288.18

1488.98

1592.81

1815.51

2246.00

1454.24

Aurora - Central Northeast

735.09

927.22

997.84

1280.85

1775.88

Aurora - Central Northwest

911.74

929.31

1195.90

1289.79

1564.87

Aurora - Central Southeast

912.50

988.57

1138.22

1211.73

1600.53

Aurora - Central Southwest

732.40

996.75

1162.14

1361.54

1861.48

1000.71

1080.23

1181.57

1365.71

1770.28

879.00

1140.64

1325.25

1405.47

2002.00

1259.59

Glendale

1431.00

1236.51

1330.08

2030.19

2619.50

1500.86

Littleton

575.00

1183.46

1248.00

1506.89

1911.89

1321.39

Aurora - South
Englewood, Sheridan

1057.19
1088.88
1160.00

1103.54
1159.52

1948.57

1273.22

Boulder/Broomfield Counties
Boulder County - Other

1087.50

1315.37

1531.83

1687.72

1958.00

1614.00

1532.98

Broomfield

1167.00

1426.12

1383.97

1669.14

1973.66

1736.00

1529.43

City of Boulder - Except University

1517.21

1606.25

1546.01

1974.35

2551.20

1752.03

City of Boulder - University Area

1407.77

1196.11

1300.00

2448.50

2575.38

1472.47

Longmont

1065.34

1190.28

1277.11

1438.53

1597.21

1345.53

1299.85

Denver City/County
Denver - Central/Capitol Hill
Denver - Downtown

963.41

1303.09

1871.08

1959.22

3304.79

1500.00

1443.02

1320.45

1620.20

1570.59

2190.23

2995.24

2590.15

1738.92

Denver - East Central/Lowry

913.09

915.76

1180.54

1305.12

1738.60

1671.00

1091.51

Denver - Far Southeast

897.98

1056.75

1104.89

1382.03

1546.29

1382.08

1155.51

1607.50

1137.50

Denver - North Central/City Park


Denver - Northeast

938.00

1020.08

1072.05

1360.56

Denver - Northwest

1439.56

1631.30

1796.31

2361.04

Denver - South Central/Wash Park

1048.22

1211.57

1116.73

1795.50

2567.00

832.68

1090.74

1173.29

1433.92

1344.88

1151.43

1193.20

1081.28

1213.67

1482.77

1814.86

850.00

1242.82

976.13

983.89

1101.03

4150.00

1541.67

1059.95

1230.26

1394.50

1639.07

1030.00

1270.05

1468.37

1604.90

1953.11

Denver - Southeast
Denver - Southwest
Denver - West Central

1151.41
1785.26
1344.97

1050.82

Douglas County
Castle Rock
Douglas County - North

1251.98
2063.00

1466.08

Jefferson County
Arvada

1197.53

Golden

1165.95

1061.09

1710.92

1559.55

1719.00

1278.04

1344.03

1725.00

1628.53

1399.36

2112.50

1535.97

Lakewood - North

697.04

1103.04

1280.34

1414.64

1747.04

1258.63

1248.25

Lakewood - South

987.50

1158.41

1244.94

1398.88

1738.65

1343.81

1303.46

Wheat Ridge

600.00

825.95

914.06

972.14

1160.00

1006.54

916.90

II-26

Average Rents for the Metropolitan Area - Buildings with Five Stories and Above
(in dollars)

Efficency

2 Bed
1 Bath

1 Bed

2 Bed
2 Bath

3 Bed

Other

All

By County
Adams
Arapahoe

1062.00
798.27

Boulder/Broomfield
Denver

1170.33

1272.00
1197.00

2211.31

1722.98

2500.00

1437.34

1891.23

2010.57

1912.42

1541.07

1408.06

1806.34

2136.75

1881.28

1501.44

1389.05
1336.17

1409.65

1316.02

1359.14

1137.00

1625.56

1575.00

1357.78
1560.40

Douglas
Jefferson
Metro Average

1060.00

1187.00

1121.31

By Market Area
Adams County
Aurora-North
Commerce City
Northglenn/Thornton

1062.00

1272.00

1137.00

Westminster
Arapahoe County
Arapahoe County - South

1102.00

Arapahoe County - Southeast

1218.00

1774.00

3319.00

1396.75

1562.50

2037.50

3200.00

1758.66

895.92

1183.19

1550.00

2287.50

3300.00

Aurora - Central Northeast


Aurora - Central Northwest
Aurora - Central Southeast
Aurora - Central Southwest
Aurora - South

675.00

1575.00

1210.34

Englewood, Sheridan
Glendale
Littleton

1082.53
575.00

1197.00

1374.65

875.00

975.00

876.93

1381.00

1648.00

1491.83

1500.00

2100.00

Boulder/Broomfield Counties
Boulder County - Other
Broomfield
City of Boulder - Except University
City of Boulder - University Area

2500.00

2007.69

Longmont
Denver City/County
Denver - Central/Capitol Hill

1204.04

1418.36

2053.16

2006.07

3676.11

1500.00

1643.49

Denver - Downtown

1467.09

1716.17

1686.91

2262.91

3135.14

2538.60

1841.14

980.00

Denver - East Central/Lowry

963.40

930.05

1185.17

850.00

Denver - Far Southeast

962.14

1118.69

1273.44

1429.97

1012.04

762.50

862.50

1112.50

Denver - Northwest

1523.53

1741.57

2248.62

2355.45

Denver - South Central/Wash Park

1263.86

1293.26

1290.00

1665.77

2419.00

830.94

1052.33

1075.53

1362.48

1344.88

1049.00

1213.00

1614.00

4150.00

1199.18

1187.00

1121.31

1233.68

Denver - North Central/City Park


Denver - Northeast

Denver - Southeast

1137.50

1137.50

877.85
1850.58
1414.73

1150.00

1123.55

Denver - Southwest
Denver - West Central
Douglas County
Castle Rock
Douglas County - North
Jefferson County
Arvada
Golden
Lakewood - North
Lakewood - South

1060.00

Wheat Ridge

II-27

Median Rents by Apartment Type by County


(in dollars)

Metro Average

Jefferson

Douglas

Denver

Boulder/ Broomfield

Arapahoe

Adams

County
2009
2010
2011
Apartment Type
1st
2nd
3rd
4th
1st
2nd
3rd
4th
1st
2nd
3rd
Efficency
521.40 514.20 493.62 629.64 493.45 595.20 686.00 653.36 497.49 514.25 594.00
1 Bed
714.80 712.92 698.05 708.81 721.02 745.48 783.20 765.16 783.66 786.37 803.36
2 Bed, 1 Bath
781.20 772.57 768.97 764.09 839.67 811.42 880.89 797.46 844.36 788.36 865.35
2 Bed, 2 Bath
970.46 977.07 933.63 935.27 985.21 971.53 989.41 990.97 994.69 1051.94 1070.68
3 Bed
1263.30 1263.95 1144.13 1091.43 1134.00 1164.66 1207.00 1169.86 1271.24 1255.18 1318.75
Other
825.00 796.69 792.40 834.73 835.53 830.00 863.86 1201.80 772.84 851.95 856.54
All
804.19 830.88 792.58 791.26 841.34 848.31 880.96 857.15 871.26 863.85 886.50
Efficency
520.67 471.39 508.58 491.69 478.53 505.62 563.55 499.53 531.60 516.17 514.86
1 Bed
698.93 671.26 695.23 682.06 696.61 704.76 714.65 716.19 728.56 717.26 740.27
2 Bed, 1 Bath
774.87 737.18 759.10 755.78 776.51 796.06 804.76 801.30 792.67 789.15 795.98
2 Bed, 2 Bath
939.21 932.95 964.12 912.03 910.27 939.95 968.34 959.54 984.18 985.32 992.22
3 Bed
1202.94 1211.50 1179.00 1196.42 1182.00 1263.00 1289.50 1292.50 1235.87 1319.84 1341.35
Other
890.44 844.00 892.22 924.33 1126.40 1063.00 1064.17 1062.83 1062.17 1037.83 1037.83
All
811.29 766.91 797.97 775.82 804.38 806.11 831.40 829.84 825.08 838.79 844.77
Efficency
703.73 711.21 731.84 694.11 730.69 732.50 730.75 737.93 736.33 756.13 805.71
1 Bed
814.27 837.06 838.45 848.61 876.13 881.92 847.46 840.79 869.68 887.72 919.34
2 Bed, 1 Bath
878.45 860.57 868.03 859.19 852.88 848.26 882.52 933.47 954.84 954.21 920.81
2 Bed, 2 Bath 1027.71 1040.15 1063.13 1081.09 1084.97 1185.00 1128.96 1159.90 1159.27 1138.14 1155.16
3 Bed
1221.75 1283.62 1268.54 1291.75 1294.50 1319.40 1304.91 1273.25 1319.44 1336.88 1370.50
Other
1038.82 1038.82 1038.82 1056.08 1088.82 1095.91 1120.91 1255.40 1344.80 1388.82 1288.82
All
908.63 912.98 900.89 898.70 901.77 976.65 952.14 957.92 961.79 969.13 991.60
Efficency
560.87 569.66 583.13 598.60 591.04 604.62 589.58 592.16 612.51 630.74 664.63
1 Bed
717.59 710.60 729.80 714.86 728.44 712.75 731.88 736.69 738.83 737.69 746.61
2 Bed, 1 Bath
813.26 772.78 784.20 745.70 838.18 844.91 828.27 802.27 794.33 765.12 809.20
2 Bed, 2 Bath 1015.48 1012.45 965.53 985.72 1010.27 990.80 966.00 977.63 978.63 984.13 998.38
3 Bed
1249.63 1295.50 1225.00 1218.19 1203.15 1203.47 1213.79 1214.33 1213.67 1196.67 1246.15
Other
1063.00 1382.00 917.50 1058.13 1061.29 1068.02 638.75 523.67 524.67 523.33 1381.00
All
794.74 785.91 785.26 779.53 801.41 814.14 809.30 806.79 818.53 800.94 853.34
Efficency
738.00 738.00 738.00 563.00 838.00 588.00 750.00 713.00 713.00 738.00 788.00
1 Bed
831.26 828.04 862.26 822.73 864.82 862.86 941.95 898.70 910.71 903.17 905.08
2 Bed, 1 Bath
920.75 872.31 1027.94 924.92 1039.00 1020.53 1090.13 1038.62 1041.00 1041.10 1130.33
2 Bed, 2 Bath 1096.33 1045.20 1126.49 1101.38 1122.12 1194.51 1207.70 1160.00 1194.26 1208.90 1205.62
3 Bed
1287.69 1294.31 1431.09 1366.47 1415.61 1607.57 1606.43 1514.00 1395.54 1537.89 1540.09
Other
1244.26 1388.00 1542.00
1038.00 1038.00 1038.00
All
981.90 963.78 1015.36 1011.78 1036.39 1024.27 1111.17 1043.79 1061.57 1015.33 1071.85
Efficency
521.12 520.75 516.23 522.91 517.02 516.98 529.60 541.00 568.29 581.65 634.25
1 Bed
684.40 694.00 691.44 702.01 698.46 711.34 752.37 737.28 724.24 747.63 761.23
2 Bed, 1 Bath
749.32 757.26 756.89 749.52 776.46 786.35 771.55 809.40 807.31 772.33 811.44
2 Bed, 2 Bath
911.90 881.18 914.68 919.93 926.46 921.66 956.22 924.78 939.75 968.47 1006.82
3 Bed
1033.11 1086.62 1083.50 1083.97 1079.86 1093.17 1130.85 1145.26 1131.56 1155.84 1159.13
Other
957.18 941.87 938.69 938.41 940.47 940.71 979.35 979.35 984.61 939.06 943.29
All
776.89 773.87 767.07 780.74 787.94 795.47 828.57 823.47 828.82 813.50 837.55
Efficency
570.29 581.92 588.23 596.64 571.13 579.18 613.21 617.73 614.10 602.36 644.04
1 Bed
724.82 710.88 726.67 711.90 728.63 735.15 749.67 747.91 760.10 759.83 778.94
2 Bed, 1 Bath
804.14 769.97 782.65 769.37 809.55 826.90 838.76 830.29 834.19 810.13 858.70
2 Bed, 2 Bath
966.46 964.30 982.39 963.07 964.45 973.29 992.71 986.01 997.82 1018.22 1032.43
3 Bed
1209.31 1216.93 1198.11 1193.86 1162.92 1235.78 1252.71 1244.29 1257.54 1277.71 1332.51
Other
942.14 932.00 912.25 947.68 992.85 1045.31 986.29 998.70 989.53 976.16 1023.93
All
821.14 808.42 817.09 811.32 836.61 842.70 856.64 846.36 858.97 863.37 881.67
Rents are based on units being unfurnished with tenants paying gas and electricity.
Average rent minus rental losses equals effective rent.
Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.

4th
676.73
792.03
832.92
1056.45
1312.31
856.05
873.69
519.33
722.67
794.31
997.97
1245.69
1065.33
840.24
760.00
916.29
923.49
1274.69
1324.48
1379.55
993.85
631.86
768.28
818.78
1017.09
1274.74
548.60
834.48
738.00
887.06
1021.08
1184.93
1330.50

1st
702.27
779.40
793.02
1054.66
1301.78
863.63
881.63
554.33
740.45
803.43
1004.74
1276.50
1069.48
849.43
784.38
954.05
978.23
1267.79
1458.50
1494.80
1014.74
662.74
780.53
878.81
1104.38
1307.16
571.27
867.56
738.00
923.88
1153.27
1258.34
1556.00

2012
2nd
3rd
677.27 624.16
793.20 767.72
797.12 808.12
1023.82 1066.03
1302.55 1311.26
797.60 874.60
872.27 870.20
591.89 548.46
777.85 785.29
822.21 823.32
1122.12 1127.86
1348.30 1410.00
1184.89 1211.22
902.88 899.56
809.63 782.72
958.53 948.68
964.20 1038.39
1337.68 1259.27
1417.50 1405.00
921.65 921.65
1038.85 1095.91
693.65 720.82
797.76 824.09
876.38 862.23
1179.63 1093.91
1309.29 1319.95
642.80 693.27
888.95 887.05
788.00 788.00
944.90 912.17
1038.12 1085.51
1220.53 1265.45
1528.73 1530.67

4th
701.75
780.22
795.92
1038.05
1348.67
745.20
854.94
679.69
766.38
808.42
1081.10
1408.33
1182.22
885.48
818.56
959.71
1073.99
1257.63
1344.00
921.54
1080.40
686.98
771.98
809.29
1131.19
1424.24
2008.34
859.14
750.00
1006.37
1161.45
1323.42
1566.27

1046.92
632.53
767.34
797.76
951.88
1166.11
949.08
836.43
635.77
780.20
835.18
1031.29
1271.46
979.81
870.71

1049.33
655.12
774.56
816.16
991.00
1165.13
835.00
847.52
657.78
789.42
841.84
1057.14
1315.06
980.29
891.85

1053.92
657.82
798.99
822.89
1008.94
1187.11
877.30
877.08
680.71
814.21
854.70
1102.00
1340.94
907.35
916.08

1141.19
588.72
830.30
832.59
1092.83
1165.68
1003.84
902.83
699.90
820.61
834.47
1130.18
1406.18
1122.00
911.12

II-28

1091.66
656.25
858.65
815.48
1107.92
1278.56
999.25
913.87
706.89
842.59
862.09
1139.03
1359.79
953.47
919.97

1st
732.81
793.75
809.32
1103.39
1396.50
888.15
868.39
580.76
781.08
849.53
1062.30
1372.33
1190.44
891.96
858.80
1005.91
1084.78
1404.73
1375.00
922.58
1088.75
747.69
829.48
848.19
1129.26
1313.90
671.40
890.44
888.00
1008.43
1129.75
1260.79
1565.18
1913.00
1137.94
662.36
855.70
821.21
1091.13
1145.74
907.00
927.45
701.34
844.78
863.38
1130.91
1367.40
947.60
934.82

2013
2nd
3rd
671.40 635.00
812.60 821.52
826.07 845.39
1140.50 1178.69
1388.50 1417.33
942.41 1013.43
897.33 930.56
681.42 640.71
816.84 846.26
868.36 889.87
1113.35 1162.13
1334.40 1418.96
1205.40 1337.78
939.48 946.55
892.22 744.05
1053.17 1075.00
1066.17 1094.46
1471.72 1480.95
1582.75 1589.50
947.69 947.69
1140.87 1171.68
789.88 798.15
839.92 857.19
858.42 894.97
1191.32 1243.51
1384.05 1373.07
671.07 708.60
906.70 933.29
888.00 888.00
1019.86 1073.73
1173.57 1196.54
1388.96 1349.51
1727.50 1577.50
1913.00 1913.00
1184.58 1188.00
697.47 711.01
869.33 916.80
839.43 874.10
1203.04 1228.88
1237.68 1343.44
1024.20 1020.71
960.76 996.00
737.33 720.84
865.87 892.10
880.43 898.29
1192.96 1232.96
1394.86 1458.05
1012.20 1019.68
960.57 987.63

4th
803.25
823.78
884.57
1155.36
1242.50
1016.13
929.75
614.68
823.80
884.26
1142.51
1437.68
1280.89
942.98
781.00
1087.00
1126.18
1447.21
1556.80
1172.46
1169.91
778.31
879.12
937.62
1211.71
1418.45
697.67
961.70
938.00
1035.77
1180.75
1289.89
1494.00
1913.00
1199.02
703.77
858.91
888.68
1107.73
1283.71
865.00
956.59
732.32
889.34
932.48
1199.90
1422.06
1031.85
990.31

1st
853.51
886.35
943.14
1190.74
1478.69
1024.57
963.71
636.52
849.95
927.53
1191.28
1422.53
1327.56
974.17
985.00
1057.10
1177.14
1395.88
1701.61
1120.62
1186.28
834.31
905.13
903.88
1249.14
1343.54
709.40
972.35
863.00
1067.03
1243.50
1345.53
1632.08
1938.00
1232.88
697.91
890.82
885.68
1183.91
1293.05
1155.00
992.13
778.34
911.00
942.99
1246.34
1465.71
1118.80
1021.29

2014
2nd
3rd
601.25 597.19
895.21 938.85
922.50 985.84
1277.93 1289.41
1490.82 1577.66
1088.52 1206.65
995.95 1060.11
665.32 716.43
895.36 935.69
919.34 1017.31
1240.82 1283.86
1509.33 1614.31
1336.50 1666.11
1017.00 1082.34
958.29 905.00
1087.67 1142.10
1167.52 1197.43
1543.34 1472.65
1744.75 1567.03
1117.38 1298.38
1235.23 1249.25
889.64 891.19
926.17 930.98
983.13 986.53
1351.89 1327.40
1495.81 1438.00
673.20 708.60
1018.54 1003.56
1013.00 913.00
1119.46 1159.17
1312.78 1318.63
1468.89 1444.83
1716.11 1784.00
2013.50 2013.50
1321.68 1327.02
841.31 760.27
960.96 1024.73
932.32 965.53
1240.08 1352.92
1403.08 1490.79
1045.50 1133.20
1064.84 1127.80
831.78 807.27
953.76 991.50
974.39 1028.15
1321.02 1336.04
1524.88 1569.41
980.80 1212.77
1067.87 1109.32

4th
620.35
956.14
1010.43
1358.59
1597.88
1146.00
1074.16
756.89
943.45
1057.39
1260.63
1636.86
1413.40
1089.86
1050.00
1169.09
1192.49
1510.50
1672.20
1099.77
1298.08
884.73
973.35
1028.56
1436.34
1532.10
1196.00
1076.41
988.00
1143.85
1334.00
1449.36
1798.00
2013.50
1326.37
830.77
1009.06
1020.61
1304.10
1484.46
1075.00
1095.49
826.37
995.09
1059.11
1356.45
1613.20
1181.41
1123.81

1st
654.27
1005.64
1106.38
1381.21
1653.25
1180.56
1087.28
758.20
991.08
1080.99
1337.49
1765.69
1568.11
1124.11
1001.86
1168.06
1277.43
1531.29
1574.49
1117.62
1292.05
1101.92
1031.53
1058.33
1443.41
1621.48
1260.89
1137.41
1094.00
1146.58
1382.68
1498.21
1746.28
2013.50
1382.04
903.53
1081.00
1032.65
1351.92
1519.58
1132.00
1133.65
911.16
1039.73
1103.86
1399.51
1681.09
1197.65
1158.26

2015
2nd
3rd
677.00 691.00
1034.20 1068.92
1158.18 1176.66
1381.83 1439.49
1837.02 1777.20
1249.76 1338.00
1157.06 1189.80
789.83 841.92
1044.89 1045.55
1124.59 1151.53
1407.26 1372.95
1785.35 1667.00
1640.22 1512.78
1188.34 1193.18
1198.00 1115.57
1331.33 1339.16
1331.09 1291.50
1726.19 1779.74
1810.75 1984.95
1222.49 1299.42
1398.28 1467.02
995.54 1138.84
1112.05 1134.86
1148.40 1112.30
1505.47 1588.16
1658.65 1501.38
1341.75 699.73
1188.05 1251.29
1213.00 1038.00
1291.73 1216.09
1494.75 1443.26
1538.29 1547.65
1960.11 1889.71
2013.50 2013.50
1469.24 1442.40
881.23 982.00
1107.41 1139.08
1047.38 1241.92
1430.85 1407.81
1656.00 1712.56
1113.00 1204.84
1216.11 1257.78
929.08 995.71
1103.34 1135.43
1166.13 1185.92
1474.99 1474.81
1780.89 1749.94
1290.21 1298.90
1224.93 1251.54

4th
801.26
1042.81
1152.37
1407.40
1737.67
1438.00
1150.38
910.74
1022.43
1146.73
1370.02
1746.33
1661.44
1193.81
1091.43
1315.05
1381.69
1694.59
1984.42
1294.81
1416.29
1026.24
1098.37
1179.18
1539.27
1687.46
1381.43
1240.76
1038.00
1194.58
1372.65
1504.24
1748.18
2063.50
1392.50
758.50
1099.29
1163.42
1418.94
1597.89
1310.38
1256.32
984.20
1102.78
1189.25
1443.17
1742.53
1374.27
1244.66

Average Rent for Apartment Building/Community Features and Amenities


(In Dollars)
With Feature/Amenity
Feature/Amenity

Efficiency

Without Feature/Amenity

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

3 Bed

All

Efficiency

Difference

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

3 Bed

All

Outside Storage

1,279.74

1,218.93

1,304.30

1,535.21

1,872.36

1,368.80

882.01

1,074.50

1,153.34

1,465.73

1,738.31

1,205.92

162.88

Patio or Balcony

1,151.05

1,179.64

1,239.74

1,519.04

1,837.92

1,327.14

787.26

937.23

1,103.58

1,214.50

1,349.93

1,001.18

325.96

Fireplace

1,069.45

1,163.83

1,275.22

1,479.47

1,851.83

1,318.20

1,053.38

1,120.00

1,141.14

1,609.26

1,681.37

1,238.08

80.11

Nine-Foot Ceilings

1,281.89

1,277.90

1,370.57

1,597.35

1,936.05

1,437.35

838.03

981.25

1,132.11

1,294.48

1,513.84

1,091.37

345.98

Swimming Pool

1,126.50

1,153.33

1,232.32

1,508.71

1,825.58

1,306.12

891.05

1,101.77

1,117.76

1,500.49

1,466.29

1,151.76

154.35

Spa or Sauna

1,176.68

1,231.72

1,332.04

1,578.71

1,909.04

1,392.41

964.86

1,038.12

1,131.56

1,376.83

1,638.33

1,157.49

234.91

Exercise Room

1,148.09

1,189.14

1,258.84

1,538.54

1,852.79

1,340.36

803.01

948.42

1,102.83

1,243.39

1,443.89

1,045.01

295.35

956.74

1,096.62

1,208.71

1,449.28

1,817.42

1,252.23

1,082.27

1,170.53

1,222.22

1,535.43

1,803.75

1,309.19

-56.96

Microwave

1,233.02

1,250.72

1,351.35

1,582.08

1,927.54

1,408.91

877.90

984.95

1,135.11

1,314.99

1,580.66

1,107.73

301.18

Washer/Dryer Hookups

1,233.14

1,206.88

1,293.04

1,526.37

1,871.23

1,363.50

943.52

1,081.96

1,157.89

1,474.33

1,697.14

1,202.55

160.95

Garbage Disposal

1,086.56

1,153.10

1,224.40

1,516.80

1,822.37

1,300.55

786.51

1,039.56

1,082.61

1,253.26

1,388.65

1,094.44

206.11

Dishwasher

1,132.36

1,171.40

1,240.28

1,517.23

1,825.80

1,319.00

789.47

946.56

1,060.86

1,268.15

1,421.64

1,009.45

309.56

Air Conditioning

1,098.84

1,155.92

1,228.94

1,517.35

1,826.97

1,304.43

805.93

1,012.63

1,079.35

1,246.60

1,387.38

1,069.56

234.87

Ceiling Fan

1,081.70

1,154.15

1,225.28

1,516.12

1,818.71

1,301.58

995.66

1,132.17

1,200.86

1,486.63

1,772.36

1,265.76

35.81

Attached Garage

1,331.67

1,368.36

1,454.15

1,698.96

1,991.06

1,534.18

944.33

1,073.88

1,184.28

1,415.20

1,711.43

1,205.45

328.73

Covered Parking

1,163.80

1,196.09

1,264.05

1,538.90

1,868.29

1,339.44

910.13

1,089.35

1,176.80

1,466.62

1,739.01

1,234.41

105.03

Clubhouse

1,162.44

1,194.51

1,264.58

1,545.13

1,852.35

1,348.38

884.05

998.53

1,119.18

1,311.87

1,579.11

1,099.11

249.26

Business Center

1,147.89

1,207.63

1,280.44

1,552.88

1,863.22

1,363.25

958.03

1,027.94

1,138.92

1,362.23

1,635.39

1,139.87

223.38

Pets Allowed

1,093.52

1,164.05

1,243.15

1,521.76

1,826.60

1,312.32

779.11

931.04

1,010.45

1,211.16

1,380.45

1,010.27

302.05

Resident Pays Sewer/Water

1,164.17

1,186.77

1,245.18

1,532.73

1,845.41

1,336.35

810.84

974.25

1,131.61

1,296.35

1,507.44

1,073.28

263.07

Unit Security/Alarm System

1,165.42

1,219.19

1,423.59

1,531.67

1,814.51

1,388.35

1,053.04

1,137.38

1,194.85

1,503.51

1,806.85

1,276.16

112.20

Handicapped Access

1,180.28

1,219.63

1,303.24

1,568.65

1,892.35

1,376.76

843.02

1,018.48

1,141.71

1,344.96

1,592.93

1,134.84

241.92

Heat Included in Rent

771.77

984.97

1,163.11

1,279.13

1,480.30

1,022.94

1,136.50

1,161.42

1,222.60

1,512.10

1,814.57

1,309.01

-286.08

Sport Court

II-29

Estimate of New Apartments by County by Quarter

2008
County

1st

2nd

3rd

4th

Adams

0
36266
80
58379
0
32903
0
103054
137
10370
0
41458
217
282430

0
36266
20
58399
55
32958
201
103255
0
10370
0
41458
276
282706

342
36608
876
59275
206
33164
151
103406
0
10370
30
41488
1605
284311

0
36608
0
59275
376
33540
203
103609
210
10580
0
41488
789
285100

County

1st

2nd

3rd

Adams

0
36666
0
60415
0
34466
276
107027
0
10852
0
41677
276
291103

0
36666
0
60415
0
34466
135
107162
0
10852
428
42105
563
291666

0
36666
0
60415
0
34466
573
107735
232
11084
0
42105
805
292471

Arapahoe
Boulder/
Broomfield
Denver
Douglas
Jefferson
Metro Area
Total

2012

Arapahoe
Boulder/
Broomfield
Denver
Douglas
Jefferson
Metro Area
Total

Yearly
Total
342
36608
976
59275
637
33540
555
103609
347
10580
30
41488
2887
285100

Yearly
4th Total
0
36666
36
60451
146
34612
87
107822
60
11144
0
42105
329
292800

0
36666
36
60451
146
34612
1071
107822
292
11144
428
42105
1973
292800

2009
1st

2nd

3rd

4th

0
36608
0
59275
307
33847
1094
104703
0
10580
0
41488
1401
286501

0
36608
84
59359
0
33847
609
105312
0
10580
0
41488
693
287194

39
36647
436
59795
238
34085
605
105917
210
10790
0
41488
1528
288722

0
36647
0
59795
0
34085
169
106086
0
10790
0
41488
169
288891

1st

2nd

3rd

220
36886
0
60451
788
35400
0
107822
83
11227
0
42105
1091
293891

0
36886
86
60537
95
35495
0
107822
48
11275
0
42105
229
294120

0
36886
0
60537
1481
36976
0
107822
0
11275
110
42215
1591
295711

2013

Yearly
Total
39
36647
520
59795
545
34085
2477
106086
210
10790
0
41488
3791
288891

Yearly
4th Total
0
36886
55
60592
721
37697
1577
109399
0
11275
56
42271
2409
298120

220
36886
141
60592
3085
37697
1577
109399
131
11275
166
42271
5320
298120

Top number denotes apartment units added in quarter.


Bottom number denotes total units at end of quarter.

II-30

2010
1st

2nd

3rd

0
36647
166
59961
0
34085
7
106093
0
10790
0
41488
173
289064

0
36647
0
59961
96
34181
0
106093
0
10790
0
41488
96
289160

0
36647
0
59961
0
34181
0
106093
0
10790
0
41488
0
289160

1st

2nd

3rd

0
36886
174
60766
483
38180
124
109523
0
11275
0
42271
657
298901

0
36886
66
60832
179
38359
764
110287
421
11696
595
42866
1261
300926

322
37208
548
61380
386
38745
1240
111527
0
11696
0
42866
1256
303422

2014

Yearly
4th Total
0
36647
0
59961
0
34181
146
106239
0
10790
83
41571
229
289389

0
36647
166
59961
96
34181
153
106239
0
10790
83
41571
498
289389

Yearly
4th Total
0
37208
306
61686
788
39533
890
112417
74
11770
228
43094
2286
305708

322
37208
1094
61686
1836
39533
3018
112417
495
11770
823
43094
7588
305708

2011
1st
0
36647
0
59961
21
34202
41
106280
0
10790
0
41571
62
289451

2nd

3rd

0
19
0
19
36647 36666 36666 36666
0
454
0
454
59961 60415 60415 60415
238
26
0
285
34440 34466 34466 34466
66
215
512
190
106470 106536 106751 106751
0
0
62
62
10790 10790 10852 10852
91
0
15
106
41662 41662 41677 41677
519
565
292
1438
289970 290535 290827 290827

2015
1st
0
37208
0
61686
359
39892
344
112761
637
12407
220
43314
1560
307268

Yearly
4th Total

2nd

3rd

Yearly
4th Total

0
0
0
0
37208 37208 37208 37208
222
206
235
663
61908 62114 62349 62114
87
31
0
477
39979 40010 40010 40010
1474
1443
4671
1410
114171 115645 117088 115645
221
216
0
1074
12628 12844 12844 12844
641
95
0
956
43955 44050 44050 44050
2581
2022
1678
7841
309849 311871 313549 313549

Apartment Unit Absorption by Quarter and Year

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

Units to Start Quarter/Year


Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year

First
279213
154
279367
0.074
258694
20673
1049
279951
120
280071
0.071
260186
19885
-168
282213
217
282430
0.059
265767
16663
769
285100
1401
286501
0.084
262435
24066
-142
288891
173
289064
0.065
270275
18789
3629
289389
62
289451
5.5%
273531
15920
58
290827
276
291103
4.9%
276816
14287
1807
292800
1091
293891
4.6%
280511
13380
2330
298120
781
298901
5.1%
282542
16359
2
305708
1560
307268
4.9%
291346
15922
185

Second
279367
130
279497
0.069
260212
19285
1518
280071
642
280713
0.062
263309
17404
3123
282430
276
282706
0.062
265178
17528
-589
286501
693
287194
0.090
261347
25847
-1088
289064
96
289160
0.061
271521
17639
1246
289451
519
289970
4.8%
276051
13919
2520
291103
563
291666
4.8%
277700
13966
885
293891
229
294120
4.2%
282031
12089
1519
298901
2025
300926
4.7%
286504
14422
3972
307268
2581
309849
4.5%
295899
13950
4550

Third
279497
75
279572
0.067
260841
18731
629
280713
586
281299
0.053
266390
14909
3081
282706
1605
284311
0.065
265831
18480
653
287194
1528
288722
0.074
267357
21365
6010
289160
0
289160
0.053
273835
15325
2314
289970
565
290535
4.8%
276478
14057
427
291666
805
292471
4.3%
280024
12447
2323
294120
1591
295711
4.4%
283107
12604
1077
300926
2496
303422
3.9%
292224
11198
5720
309849
2022
311871
5.0%
296275
15596
376

Fourth
279572
379
279951
0.070
260354
19597
-487
281299
914
282213
0.061
264998
17215
-1392
284311
789
285100
0.079
262577
22523
-3254
288722
169
288891
0.077
266646
22245
-711
289160
229
289389
0.055
273473
15916
-362
290535
292
290827
5.4%
275009
15818
-1469
292471
329
292800
4.9%
278377
14423
-1647
295711
2409
298120
5.2%
282540
15580
-312
303422
2286
305708
4.7%
291161
14547
-1063
311871
1678
313549
6.8%
292127
21422
-4247

Due to rounding of the vacancy rate, numbers may not always add exactly.
Quarterly absorption totals will not equal year-end total because absorption is the change from time period to time period.
Comparisons should be made using comparable time periods, quarter to quarter or year-end to year-end.

II-31

Year-End
279213
738
279951
0.070
260354
19597
2709
279951
2262
282213
0.061
264998
17215
4644
282213
2887
285100
0.079
262577
22523
-2421
285100
3791
288891
0.077
266646
22245
4069
288891
498
289389
0.055
273473
15916
6827
289389
1438
290329
5.4%
275009
15791
1536
290827
1973
292800
4.9%
278377
14423
3368
292800
5320
298120
5.2%
282540
15580
4613
298120
7588
305708
4.7%
291161
14547
8631
305708
7841
313549
6.8%
292127
21422
864

Monthly Resident Turnover


By Size, Age of Building, and County
(In Percent)

2006
Building Type

2006

1st 2nd

3rd

4th

Up to 8

4.6

5.8

7.0

2.9

9 - 50

3.7

4.1

4.6

3.9

51-99

2.8

3.8

5.6

100 - 199

4.4

4.9

5.6

200 to 349

4.2

5.3

350 up

4.5

5.5

Ave

2007

2007

1st 2nd

3rd

4th

5.1

4.6

6.1

7.3

1.9

4.1

3.8

5.4

5.3

3.6

4.3

4.1

2.8

4.2

3.8

3.3

4.6

3.5

5.0

5.4

5.7

4.4

4.9

3.7

5.3

5.6

4.5

5.0

3.9

5.9

Ave

2008

2008

1st 2nd

3rd

4th

5.0

1.1

4.0

6.5

4.6

4.5

3.4

5.6

6.4

4.7

3.3

3.5

3.4

3.7

5.1

3.8

4.5

3.8

4.6

5.6

6.4

4.4

5.0

4.2

5.1

6.8

4.5

5.3

4.1

5.8

Ave

2009

2009
Ave

2010
1st 2nd

3rd

2010
4th

Ave

2011
1st 2nd

3rd

2011
4th

Ave

2012
1st 2nd

3rd

2012
4th

Ave

2013
1st 2nd

3rd

2013
4th

Ave

2014
1st 2nd

3rd

2014
4th

Ave

2015
1st 2nd

3rd 4th

2015

1st 2nd

3rd

4th

Ave

4.6

5.2

4.1

9.4

5.0

5.9

3.9

3.7

5.6

4.6

4.5

4.5

6.0

5.0

2.4

4.5

3.2

4.4

4.1

2.7

3.6

3.6

3.1

5.8

4.7

4.3

1.7

3.6

7.7

1.3

3.6

3.1

2.6

6.2 1.8

3.4

4.7

4.4

6.7

5.5

5.0

5.4

3.5

6.2

5.1

3.6

4.6

2.5

4.9

5.7

3.4

4.1

2.8

5.1

4.0

4.6

4.1

3.4

4.0

6.3

4.4

4.5

3.5

3.4

6.1

3.1

4.0

2.4

3.5

4.0 3.7

3.4

3.6

3.6

3.9

4.9

5.2

3.5

4.4

2.6

4.4

5.1

3.0

3.8

3.9

4.1

4.9

3.1

4.0

2.9

4.6

5.3

2.3

3.8

2.9

3.8

5.0

3.5

3.8

2.9

4.2

4.2

3.0

3.6

2.4

4.1

4.3 4.5

3.8

4.3

4.3

3.4

5.7

6.0

4.3

4.9

3.8

5.9

5.9

3.7

4.8

3.5

4.8

5.9

3.5

4.4

2.9

5.2

6.1

3.7

4.5

3.6

4.5

5.5

3.9

4.4

3.3

5.1

5.6

3.5

4.4

3.4

4.7

5.4 3.3

4.2

6.2

4.5

4.5

3.8

5.3

5.9

4.5

4.9

4.1

5.2

5.4

3.9

4.6

3.6

5.3

6.2

4.0

4.8

3.8

5.7

6.2

4.0

4.9

3.6

5.2

5.6

3.9

4.6

3.5

5.2

6.5

4.0

4.8

3.5

5.3

6.0 4.0

4.7

6.5

4.3

4.3

4.5

5.4

6.2

4.5

5.2

4.0

5.9

5.9

4.0

5.0

4.8

5.2

6.2

4.1

5.1

4.0

5.6

6.2

4.1

5.0

3.7

5.2

6.4

3.9

4.8

3.7

5.0

6.3

3.9

4.7

3.6

5.5

5.4 4.2

4.7

Size

Age
To 1959

4.6

4.9

5.0

4.0

4.6

3.8

4.9

6.5

4.5

4.9

3.2

4.8

6.9

4.2

4.2

4.5

7.2

6.3

4.6

5.6

3.6

6.8

4.9

3.2

4.6

3.3

5.9

4.2

3.1

4.1

2.6

5.6

4.5

3.6

4.1

3.4

4.8

5.2

4.3

4.4

2.4

4.4

5.5

3.0

3.8

3.2

3.5

5.5 4.1

4.1

1960-69

3.9

4.6

6.7

3.9

4.8

3.2

5.5

4.8

3.4

4.2

4.5

4.1

4.8

4.1

4.1

3.8

5.4

4.9

4.6

4.7

4.5

4.8

5.2

4.4

4.7

4.5

3.8

5.7

3.5

4.4

3.1

4.7

4.5

3.9

4.0

3.1

3.5

6.5

3.5

4.1

3.6

4.6

4.6

3.4

4.1

2.5

4.6

3.9 3.0

3.5

1970-79

4.1

4.7

5.4

3.5

4.4

3.4

5.0

5.4

3.9

4.4

3.4

4.8

6.5

4.3

4.3

3.1

5.6

6.1

4.6

4.9

3.8

5.9

5.7

3.9

4.8

3.4

4.8

6.4

3.9

4.6

3.4

5.3

5.9

3.6

4.6

3.9

4.5

5.7

3.5

4.4

3.5

4.6

6.5

3.8

4.6

3.7

4.7

5.0 3.9

4.3

1980-89

4.2

5.3

5.5

4.2

4.8

3.6

5.4

6.0

4.1

4.8

3.9

5.3

6.4

4.4

4.4

4.1

5.1

6.2

4.6

5.0

4.3

5.5

5.7

4.1

4.9

3.9

5.3

5.6

4.0

4.7

4.1

5.5

5.9

3.9

4.8

3.6

5.2

5.7

3.8

4.6

3.9

5.2

5.8

4.0

4.7

3.4

5.8

5.4 4.0

4.7

1990-99

4.3

5.3

5.9

4.3

4.9

3.7

5.6

6.4

4.3

5.0

4.4

5.7

6.2

4.3

4.3

4.4

5.6

6.3

4.2

5.1

3.4

5.5

6.0

3.8

4.7

3.7

5.6

6.3

4.1

4.9

3.8

5.5

5.9

3.5

4.7

3.4

5.5

6.4

4.2

4.9

3.5

5.4

6.0

3.9

4.7

3.3

5.1

6.1 4.2

4.7

2000-09

3.6

4.6

5.3

3.6

4.3

4.2

4.9

7.3

4.4

5.2

3.9

4.6

5.0

3.4

3.4

3.5

4.3

4.8

3.8

4.1

3.9

5.8

5.3

3.7

4.7

4.4

4.9

6.8

3.8

5.0

3.9

6.3

7.3

4.8

5.6

3.7

5.2

5.8

4.1

4.7

3.4

5.2

6.9

3.9

4.8

4.0

6.1

6.8 4.4

5.3

3.0

4.2

4.8 3.2

3.8

4.6

2010 up
County
Adams

4.6

5.2

6.1

4.8

5.2

4.2

5.8

6.4

5.0

5.3

4.3

5.2

6.7

5.0

5.0

4.1

5.5

6.3

4.8

5.2

3.9

5.2

5.9

4.3

4.8

4.4

5.2

6.0

4.6

5.1

4.0

5.9

6.2

4.8

5.2

3.7

5.1

5.6

3.8

4.6

4.0

5.1

6.1

3.9

4.8

3.5

5.2

5.3 4.5

Arapahoe

4.4

5.1

5.5

4.2

4.8

3.8

5.5

6.3

4.1

4.9

3.9

5.0

6.4

4.1

4.1

4.0

5.2

6.1

4.5

4.9

3.9

5.7

5.4

4.2

4.8

3.9

5.1

6.0

4.0

4.8

3.7

5.2

5.5

3.8

4.5

3.7

5.1

5.6

3.9

4.6

3.5

5.0

5.6

4.1

4.6

3.4

5.4

5.8 4.1

4.7

Boulder/Broomfield

3.9

5.3

7.5

3.9

5.1

3.5

5.9

6.9

3.4

4.9

3.3

5.3

6.7

4.2

4.2

3.7

7.0

6.5

3.2

5.1

3.4

6.1

6.7

3.0

4.8

3.1

4.6

7.0

4.0

4.7

3.5

6.7

7.9

2.9

5.3

3.6

6.0

7.8

3.8

5.3

3.4

5.9

6.4

3.2

4.7

3.3

5.3

6.2 3.6

4.6

Denver

4.0

4.8

4.7

4.1

4.4

3.2

5.2

6.1

4.1

4.7

3.9

5.4

5.9

4.2

4.2

3.8

5.5

5.7

4.5

4.9

4.0

6.0

5.5

3.7

4.8

4.2

5.1

5.9

3.7

4.7

3.7

5.8

6.3

4.0

4.9

3.6

4.5

6.0

4.2

4.6

3.5

5.0

7.6

3.8

5.0

3.6

5.0

5.7 3.9

4.5

Douglas

4.3

6.1

5.2

4.9

5.1

4.0

5.3

6.7

5.1

5.3

4.5

6.2

5.7

4.9

4.9

3.9

5.1

6.1

4.8

5.0

3.3

4.9

7.2

2.8

4.6

4.6

5.2

5.8

4.0

4.9

3.6

5.1

6.0

3.7

4.6

3.6

4.6

5.8

4.0

4.5

3.5

4.6

6.1

3.9

4.5

3.4

5.6

5.7 3.7

4.6

Jefferson

4.0

5.4

5.6

3.6

4.7

3.4

5.2

5.7

4.2

4.6

4.1

5.1

5.9

4.4

4.4

4.8

5.5

5.8

4.5

5.1

4.2

4.7

5.0

4.0

4.5

3.3

5.4

6.4

3.4

4.6

3.6

5.3

5.5

3.9

4.6

3.4

5.2

5.8

3.5

4.5

3.3

4.8

5.2

3.7

4.3

3.6

5.0

5.1 3.9

4.4

Average

4.2

5.2

5.6

4.2

4.8

3.7

5.4

6.2

4.3

4.9

4.0

5.3

6.2

4.4

4.4

4.0

5.5

6.0

4.5

5.0

3.9

5.6

5.6

3.9

4.8

3.9

5.1

6.1

3.9

4.8

3.7

5.6

6.0

3.9

4.8

3.6

5.0

5.9

3.9

4.6

3.5

5.1

6.2

3.8

4.7

3.5

5.2

5.6 4.0

4.6

Resident turnover is for respective months of February, May, August and November.

II-32

Vacancy Rates During the Current Quarter


Cumulative Totals

Efficiencies
Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Total

One Bedroom

Percent Vacant

0.0%

2
3
2
8

0.0%
33.3%
0.0%
0.0%

0.0%

3
10
1
11
10
4
1

1
36
7
25
27
150
11
74
171
86
108
130
132
78
85
175
148
302
253
96
101
88
99
131
73
23
47
58
51
399
60
61
132
162
11

0.0%
0.0%
14.3%
0.0%
7.4%
4.7%
0.0%
1.4%
1.2%
2.3%
1.9%
8.5%
10.6%
2.6%
1.2%
3.4%
8.8%
2.0%
5.1%
7.3%
8.9%
4.5%
3.0%
5.3%
4.1%
13.0%
8.5%
0.0%
5.9%
2.5%
1.7%
18.0%
7.6%
2.5%
9.1%

13
2
32

91
62
43

14.3%
3.2%
74.4%

1
2
7
1
2
2
2
11
14
2
1
6
13
6
13
7
9
4
3
7
3
3
4

4
16

25.0%
0.0%

8
1
42
12

0.0%
0.0%
4.8%
0.0%

10
89

63
322

15.9%
27.6%

21

4.8%

314

4293

7.3%

Total

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant
1

0.0%

0.0%

Total

Percent Vacant
1

0.0%

0.0%

Total

Three Bedroom

Percent Vacant
2

Total

Other

Percent Vacant

Total

Total
Percent Vacant

Total

0.0%

1
1
2

0.0%
0.0%
0.0%

0.0%

1
32

11
3
18
34
277
484
355
569
617
306
2327
2004
1730
1685
4361
1403
2706
2066
1907
2993
2883
1263
2787
1655
3075
2284
1442
1708
1367
1019
1945
1607
1413
688
560
496
550
568
525
474
326
132
247
314
359
301
89
410
1
157
23
30
1
5
26
258

0.0%
0.0%
0.0%
0.0%
0.0%
8.5%
3.4%
2.1%
5.5%
3.6%
5.0%
5.0%
3.1%
5.4%
5.8%
6.0%
4.7%
4.5%
5.1%
5.4%
6.7%
6.2%
7.2%
4.3%
4.2%
4.5%
5.9%
3.7%
16.8%
5.0%
4.7%
15.6%
11.4%
5.7%
5.0%
5.0%
8.9%
7.6%
3.8%
7.4%
34.4%
5.3%
6.5%
20.1%
34.8%
6.3%
4.5%
18.3%
0.0%
8.9%
8.7%
3.3%
0.0%
0.0%
3.8%
12.4%

107
3812

830
57683

12.9%
6.6%

41
12
12
34
11
117
101
53
91
251
84
128
93
97
162
193
78
201
71
129
102
85
64
230
51
92
251
161
39
28
25
49
43
20
35
112
7
16
63
125
19
4
75
14
2
1

18
1
3
1

1
3
1
2
2
16
40
15
32
179
123
76
132
156
37
213
504
1031
734
466
436
799
1094
981
746
1060
667
941
799
674
471
598
627
525
339
409
119
376
97
230
19
119
218
137
10
118
26
12
27

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.8%
1.3%
3.8%
1.9%
0.0%
5.2%
8.3%
2.2%
5.7%
1.3%
4.8%
4.1%
5.9%
6.7%
11.4%
7.0%
4.0%
6.7%
5.8%
3.3%
2.3%
3.7%
3.0%
5.3%
4.7%
8.3%
2.5%
5.3%
10.3%
5.2%
0.0%
4.2%
2.3%
45.3%
0.0%
15.3%
3.8%
25.0%
3.7%

44

4.5%

14
1
2
1
3

24
14
35
14
5
9
228
16812

58.3%
7.1%
5.7%
7.1%
60.0%
0.0%
11.8%
5.7%

1
1
5
3
11
42
23
42
6
21
33
64
66
85
74
27
63
46
22
11
22
19
28
16
34
3
20
10
12
5
5
62

27
955

II-33

4
3
1
21
1
24
8
9
55
44
26
39
79
56
99
82
110
115
94
82
66
114
50
79
83
68
203
50
34
76
15
52
179
62
73
19
19
12
2
34
12
43
414
2711

0.0%

1
1
3
3
32
9
29
73
29
101
120
468
118
278
615
232
488
1127
894
549
741
1629
1360
1157
1789
1583
1728
1935
1563
1000
1813
958
1880
1347
1011
731
368
675
957
244
525
885
908
516
247
321
173
80
196
82
420
2432
36427

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
5.5%
0.0%
3.0%
0.8%
4.5%
0.0%
0.4%
3.9%
3.4%
1.8%
4.9%
4.9%
4.7%
5.3%
4.8%
4.1%
8.6%
4.6%
6.9%
6.7%
4.9%
5.2%
6.6%
6.3%
5.2%
4.2%
6.2%
6.7%
27.8%
13.6%
5.0%
7.9%
6.1%
9.9%
20.2%
6.8%
14.1%
7.7%
5.9%
6.9%
2.5%
17.3%
14.6%
10.2%
17.0%
7.4%

24
1

2
1
8
8
2
8
2
7
5
22
5
13
18
28
8
17
2
6
8
12
6
10
3
8
8
28
71
318

1
2
5
1
3

0.0%
0.0%
0.0%
0.0%
0.0%

3
8
3

0.0%
12.5%
0.0%

37
28
17
5
6
5
72
76
48
28
83
171
7
47
59
52
124
108
315
76
227
235
314
83
204
96
142
213
128
48
283
34
68
200
362
752
4779

0.0%
3.6%
0.0%
0.0%
0.0%
0.0%
0.0%
2.6%
2.1%
28.6%
0.0%
4.7%
0.0%
4.3%
13.6%
3.8%
5.6%
4.6%
7.0%
6.6%
5.7%
7.7%
8.9%
9.6%
8.3%
2.1%
4.2%
3.8%
9.4%
12.5%
3.5%
8.8%
11.8%
4.0%
7.7%
9.4%
6.7%

0.0%

48
30

50.0%
3.3%

2
1
5
49
10
2
24
5
25
6
20
25
6
27
6

0.0%
0.0%
0.0%
4.1%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
7.4%
0.0%

115
60
4
33
47

2.6%
3.3%
0.0%
0.0%
12.8%

2
1
3

72
29
21

2.8%
3.4%
14.3%

2
6

0%
16.7%

3
2

10

0.0%

2
1

70
30
12

2.9%
3.3%
0.0%

5
2

10
9

50.0%
22.2%

1
1

10
20

10.0%
5.0%

9
68

155
1008

5.8%
6.7%

2
7
1
2
43
14
23
48
38
120
112
69
101
275
138
161
160
106
192
253
153
280
212
250
167
188
200
321
169
198
388
323
159
178
97
195
105
118
124
207
222
141
117
258
132
76
257
68
97
34
45
25
7
45
56
71
628
8178

Percent
4
1

0.0%
0.0%

1
3
3
2
8

0.0%
0.0%
33.3%
0.0%
0.0%

2
1
3
36
10
26
43
154
31
111
464
610
479
732
931
558
2550
2320
2066
2100
4866
2154
3971
3358
2617
3851
4398
2618
4360
3639
5103
3931
3196
4202
3720
2945
4395
3878
3887
3195
2654
1691
2823
1691
2761
1962
1772
1209
991
1304
1841
988
830
1418
1051
930
419
433
480
154
314
565
791
4397
121002

0.0%
0.0%
0.0%
0.0%
10.0%
0.0%
4.7%
4.5%
0.0%
0.9%
0.4%
7.0%
2.9%
3.1%
5.2%
6.8%
4.7%
4.8%
3.3%
4.8%
5.7%
6.4%
4.1%
4.8%
4.1%
5.0%
5.8%
5.8%
6.4%
5.8%
4.9%
4.2%
5.9%
4.8%
8.6%
5.7%
4.5%
10.0%
8.3%
5.0%
6.7%
5.7%
6.9%
6.2%
4.3%
6.3%
11.7%
18.4%
14.2%
9.0%
14.0%
13.4%
9.2%
18.1%
6.5%
10.4%
8.1%
10.4%
5.2%
4.5%
14.3%
9.9%
9.0%
14.3%
6.8%

Section III - Adams County


Table of Contents
Graphs
Vacancy Rate by Quarter
Average Rent by Quarter
Vacancy Rate by Market Area by Quarter
Average Rent by Market Area by Apartment Type
Vacancy Rate by Age of Building
Vacancy Rate by Size of Building
Rent per Square Foot by Apartment Type
Rent per Square Foot by Apartment Unit Size
Estimate of Total Apartments by Year
New Apartment Units Added by Year
Vacancy Rates by Market Area by Apartment Type
Vacancy Rate by Apartment Type by Quarter
Median Rent by Apartment Type by Quarter
Average Rent by Size of Building by Quarter

III-1
III-1
III-2
III-2
III-3
III-3
III-4
III-4
III-5
III-5
III-6
III-6
III-7
III-7

Tables
Vacancy Rates by Market Area
Vacancy Rates by Size of Building by Market Area
Vacancy Rates by Size of Apartment Unit by Market Area
Vacancy Rates by Age of Building by Market Area
Vacancy Rates by Apartment Type by Market Area

III-8
III-9
III-9
III-10
III-10

Average Rents by Apartment Type by Market Area


Average Rents by Age of Building by Market Area
Average Rents by Size of Building by Market Area
Median Rents by Apartment Type by Market Area

III-11
III-11
III-12
III-12

Average Rent per Square Foot by Apartment Type by Market Area


Average Rent per Square Foot by Apartment Unit Size by Market Area

III-13
III-13

Rental Losses by Size, Age and Market Area


Economic Vacancy Rates by Size, Age and Market Area

III-14
III-14

Average Rents for Adams County


Average Rent for Apartment Building/Community Features and Amenities

III-15
III-16

Apartment Unit Absorption by Quarter and Year


Estimate of New Apartments by Quarter
Monthly Resident Turnover by Size, Age and Market Area

III-17
III-17
III-18

Vacancy Rates During the Current Quarter - Adams County Cumulative Totals
Vacancy Rates During the Current Quarter - Aurora North
Vacancy Rates During the Current Quarter - Commerce City/Brighton
Vacancy Rates During the Current Quarter - Northglenn/Thornton
Vacancy Rates During the Current Quarter - Westminster

III-19
III-20
III-21
III-22
III-23

Market Area Descriptions and Census Tracts

III-24

600.00

III-1

Quarter

15 Q3

15 Q1

14 Q3

14 Q1

13 Q3

13 Q1

12 Q3

12 Q1

11 Q3

11 Q1

10 Q3

10 Q1

09 Q3

09 Q1

08 Q3

08 Q1

07 Q3

07 Q1

06 Q3

06 Q1

05 Q3

05 Q1

04 Q3

04 Q1

03 Q3

03 Q1

02 Q3

02 Q1

01 Q3

01 Q1

00 Q3

00 Q1

99 Q3

99 Q1

98 Q3

96 Q1
96 Q2
96 Q3
96 Q4
97 Q1
97 Q2
97 Q3
97 Q4
98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1
14 Q2
14 Q3
14 Q4
15 Q1
15 Q2
15 Q3
15 Q4

98 Q1

Rent (in dollars)

Percent Vacant

Vacancy Rate by Quarter


for Adams County

18

16

14

12

10

Quarter

Average Rent by Quarter


for Adams County

1300.00

1200.00

1100.00

1000.00

900.00

800.00

700.00

Vacancy Rate by Market Area by Quarter


for Adams County
12
15 Q1
15 Q2

10

15 Q3

Percent Vacant

15 Q4

0
Aurora-North

Commerce City/
Brighton

Northglenn/Thornton

Westminster

Adams County Average

Market Area

Average Rent by Market Area by Apartment Type


for Adams County
2000

Efficiency
1800
1600

1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath

Rent (in dollars)

1400
1200

3 Bed
All

1000
800
600
400
200
0
Aurora-North

Commerce City/ Brighton

Northglenn/Thornton

Market Area
III-2

Westminster

Adams County Average

Vacancy Rate by Age of Building


for Adams County
20
15 Q1

18
16

Percent Vacant

14

15 Q2
15 Q3
15 Q4

12
10
8
6
4
2
0
To 1939

1940-49

1950-59

1960-69

1970-79

1980-89

1990-99

2000-09

2010 up

Year Built

Vacancy Rate by Size of Building


for Adams County
8
15 Q1

15 Q2
15 Q3

Percent Vacant

15 Q4

5
4
3
2
1
0
Up to 8

9 to 50

51 to 99

100 to 199

Number of Units in Building

III-3

200 to 349

350 up

Rent per Square Foot by Apartment Type


for Adams County
1.8

Rent per Square Foot (in dollars)

15 Q1

15 Q2

15 Q3

15 Q4

1.6
1.4
1.2
1
0.8
0.6
0.4
0.2
0
Efficiency

One Bedroom

Two Bed, One


Bath

Two Bed, Two


Bath

Three Bed

Average

Apartment Type

Rent per Square Foot by Apartment Unit Size


for Adams County
2
15 Q1

Rent per Square Foot (in dollars)

1.8

15 Q2

1.6

15 Q3
15 Q4

1.4
1.2
1
0.8
0.6
0.4
0.2
0
499 below

500 to 749

750 to 999

Apartment Unit Size (in square feet)

III-4

1000 above

400

200

0
96 Q1
96 Q2
96 Q3
96 Q4
97 Q1
97 Q2
97 Q3
97 Q4
98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1
14 Q2
14 Q3
14 Q4
15 Q1
15 Q2
15 Q3
15 Q4

25000

96 Q1
96 Q2
96 Q3
96 Q4
97 Q1
97 Q2
97 Q3
97 Q4
98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1
14 Q2
14 Q3
14 Q4
15 Q1
15 Q2
15 Q3
15 Q4

Number of Apartment Units

Number of Apartment Units

Estimate of Total Apartments by Year


for Adams County

39000

37000

35000

33000

31000

29000

27000

Year

New Apartment Units Added by Year


for Adams County

1400

1200
1150
1242

1000

800
744
780

600
637

527
592

373

222

403
336
267
241

128
97
51
27
04

234

308

92 83
52 48
20

54

234

244

120

140

240

342

88

68
000 00

III-5

24

Year

000

0000

220

000

322

144

100

39
0 0 0 0 0 0 0 19190 0 0 0

00000

0 0 0 00

Vacancy Rates by Market Area by Apartment Type


for Adams County
20
Efficiency
One bedroom
Two bed, one bath
Two bed, two bath
Three bedroom
All

18
16

Percent Vacant

14
12
10
8
6
4
2
0
Aurora-North

Commerce City/ Brighton

Northglenn/Thornton

Westminster

Adams County Average

Market Area

Vacancy Rate by Apartment Type by Quarter


for Adams County
7
15 Q1

15 Q2

15 Q3

15 Q4

Percent Vacant

5
4
3
2
1
0
Efficiency

One Bedroom

Two Bed, One Bath Two Bed, Two Bath

Apartment Type

III-6

Three Bed

Average

Median Rent by Apartment Type by Quarter


for Adams County
2000
1800

15 Q1

Rent (in dollars)

15 Q2

1600

15 Q3

1400

15 Q4

1200
1000
800
600
400
200
0
Efficiency

One Bedroom

Two Bed, One BathTwo Bed, Two Bath

Three Bed

Average

Apartment Type

Average Rent by Size of Building


for Adams County
1600

$1,432.00

1400
$1,197.78

$1,197.43

37 + units

5 Story or More

Rent (in dollars)

1200
$999.76
1000
800
600
400
200
0
Up to 6 units

7 - 36 units

Size of Building

III-7

Vacancy Rates by Market Area for Adams County


First Figure = Rate for Quarter in Percent
Second Figure = Change from Year Ago
Third Figure = Twelve Month Average
2006
County
Aurora-North

Commerce City/
Brighton

Northglenn/
Thornton

1st

2nd

3rd

2007
4th

1st

2nd

3rd

2008
4th

1st

2nd

3rd

2009
4th

1st

2nd

3rd

6.4 13.7 11.8 22.2 17.3 11.8

2010

9.0

10.7

10.3

6.1

9.0

7.3

5.6

6.4

4.0

6.0

5.4

2.7

4.0

5.6

-6.9

-5.7

0.1

-3.5

-4.7

0.4

-2.0

-1.3

-0.2

-3.8

-0.9

36.6

-1.4

2.9

10.4

9.0

9.0

7.7

6.1

6.4

5.8

5.5

5.5

4.5

4.3

13.4

3.3

4.2

6.4

8.5

8.4 10.9

4.3

4.1

6.2

-3.0

0.5

2.1

4.8

-2.1

-4.5

-2.2

-4.6

9.4

7.7 16.0 10.9

7.3

7.5

6.7

6.9

7.4

8.6

8.1

6.9

6.4

5.2

7.6

9.1 15.7 17.1 15.8 15.1

12.2

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

3.2 42.6*

2nd

2014

-2.9 -11.5

6.2
0.8

4th

2013

2nd

6.3

3rd

2012

1st

-1.3

0.0

2011

4th

3rd

1st

1.1

3.7

0.9

2.3

-2.1 -38.9

-3.1

-3.3

2.8

2.0

3.6

3.6

2nd

2015

4th

3rd

4th

1st

2nd

3rd

1.0

0.0

10.4

3.0

-0.1

-3.7

9.5

0.7

2.0

1.1

3.4

3.6

4th

4.2

4.3

5.6

9.4

3.2

3.2

3.7

4.8

5.2

4.0

5.2

8.3

8.3

7.9

2.3

7.2

2.1

4.0

3.4

5.9

5.0

1.9

6.6

4.7

4.4

5.9

4.9

3.8

5.8

3.8

2.8

2.8

21.0

9.2

3.5

4.0

3.1

3.2

3.4

6.2

-6.1

-3.5

1.5

2.1

-0.9

-1.0

-1.9

-4.6

1.9

0.8

1.5

3.5

3.2

3.9

0.0

-1.1

-6.2

-3.9

1.1

-1.3

2.9

-2.1

3.2

0.3

-0.7

3.9

-1.8

-0.9

1.4

-2.1

-2.1

-1.0

15.2

5.4

0.7

1.2 -17.9

-6.0

-0.1

2.2

5.8

5.0

5.3

5.9

5.6

5.4

4.9

3.8

4.2

4.4

4.8

6.5

7.3

8.1

6.7

6.4

4.9

3.9

4.2

3.9

4.4

3.1

5.1

4.6

4.4

5.4

5.0

4.7

5.1

4.6

4.1

3.8

7.6

9.0

9.1

9.4

5.0

3.5

3.4

4.0

6.6

5.6

6.1

6.9

7.1

6.6

7.2

8.7

6.6

7.9

8.8

8.9

8.2

8.7

6.0

6.3

5.6

4.6

4.2

4.5

4.4

4.9

5.5

6.1

4.8

5.3

4.4

4.8

3.5

3.6

6.1

6.3

4.0

4.4

4.2

4.2

5.3

3.7

4.5

6.1

-4.2

-2.1

-1.5

-0.8

0.5

0.9

1.1

1.8

-0.5

1.3

1.6

0.2

1.5

0.8

0.0

-2.6

-2.6

-4.1

-1.7

-1.8

-1.2

0.3

1.3

1.3

0.4

0.4

-1.1

-1.4

-1.4

-1.7

1.7

1.6

0.6

0.8

-1.9

-2.1

1.3

-0.6

0.3

2.0
4.9

7.4

6.9

6.5

6.3

6.4

6.7

6.9

7.4

7.3

7.6

8.0

8.1

8.3

8.6

7.9

7.3

6.6

5.6

5.2

4.7

4.4

4.6

5.1

5.2

5.3

5.4

5.2

4.8

4.5

4.1

4.5

4.9

5.0

5.2

4.7

4.2

4.5

4.4

4.4

7.5

6.8

6.7

7.5

8.3

6.1

5.1

6.7

6.4

5.9

5.6

8.5

7.3

7.5

7.4

6.2

8.6

5.5

4.6

6.8

6.6

5.7

5.0

4.5

4.2

4.5

4.1

4.3

4.1

4.0

5.5

4.5

4.2

4.5

3.6

3.3

2.8

3.9

4.1

5.0

-3.3

-3.0

-1.3

-1.0

0.8

-0.7

-1.6

-0.8

-2.0

-0.1

0.6

1.8

1.0

1.5

0.0

-2.3

1.2

-1.9

-2.8

0.1

-1.9

0.2

0.4

0.4

-2.5

-1.2

-0.9

-0.2

0.0

-0.5

1.4

0.2

0.0

0.4

-1.9

-1.2

-1.3

-0.5

0.5

1.7

Westminster

8.5

7.7

7.4

7.1

7.3

7.2

6.7

6.5

6.1

6.0

6.2

7.3

7.3

7.7

7.7

7.1

7.4

6.9

6.2

6.4

5.8

5.7

5.6

5.5

4.9

4.6

4.3

4.3

4.3

4.2

4.5

4.5

4.6

4.7

4.2

3.9

3.5

3.4

3.5

4.0

7.0

6.1

6.4

7.4

7.8

6.3

5.9

7.4

6.4

6.8

7.5

8.8

8.4

8.5

6.7

6.3

6.8

5.2

4.4

5.7

5.6

5.2

5.3

5.3

4.5

4.9

4.2

4.5

5.2

3.8

5.7

5.3

4.7

4.5

3.9

3.7

4.0

3.9

4.4

5.6

-3.6

-2.6

-1.4

-0.7

0.8

0.2

-0.5

0.0

-1.3

0.4

1.5

1.4

1.9

1.8

0.0

-2.5

-1.6

-3.3

-2.2

-0.6

-1.2

0.0

0.9

0.7

-1.1

-0.3

-1.1

-0.7

0.6

-1.1

1.4

0.8

-0.4

0.7

-1.8

-1.6

-0.8

-0.7

0.5

1.9

7.9

7.2

6.9

6.7

6.9

7.0

6.9

6.8

6.5

6.6

7.0

7.7

8.1

8.6

8.1

7.5

7.1

6.2

5.7

5.5

5.2

5.1

5.4

5.3

5.1

5.0

4.7

4.6

4.7

4.4

4.8

5.0

4.9

5.1

4.6

4.2

4.0

3.9

4.0

4.5

Adams County

Due to rounding of the vacancy rate, numbers may not always add exactly.

III-8

Vacancy Rates by Size of Building


by Market Area for Adams County

Vacancy Rates by Size of Apartment Unit


by Market Area for Adams County

(In Percent)

(In Percent)

County
Aurora-North

Number of
Units

Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 up
Commerce
Up to 8
City/Brighton
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Northglenn/
Up to 8
Thornton
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Westminster
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Adams County Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up

2015
1st

2nd

3rd

4th

0.0

10.4

0.0

0.0

5.4
1.7

3.2
3.2

5.1
1.2

6.1
6.0

0.0
0.0
3.9
7.5
3.7
0.0
1.4
0.5
4.1
2.8
2.9
0.0
1.0
0.3
4.2
4.5
3.3

0.0
0.0
4.9
3.2
4.0
0.0
0.0
1.3
1.0
5.3
2.6
0.0
0.0
3.3
3.1
4.5
3.4

2.6
1.2
3.3
5.1
4.2
0.0
12.5
1.1
2.2
4.8
3.7
0.0
7.1
1.7
3.4
5.2
3.7

5.3

County
Aurora-North

3.0

9.7

6.6
6.4
5.8
0.0
0.0
5.7
2.4
5.2
5.2
0.0
5.0
5.7
5.8
6.1
5.2

III-9

Square Feet in
Unit
499 below
500 to 749
750 to 999
1000 above

2015
1st
0.0
0.0
0.0

2nd
10.5
5.1
16.7
15.6

3rd
0.0
2.3
8.3

4th

Commerce
City/Brighton

499 below
500 to 749
750 to 999
1000 above

0.0
5.1
3.1
1.1

3.1
3.6
2.3

5.6
3.2
1.4

9.0
4.0
7.9

Northglenn/
Thornton

499 below
500 to 749
750 to 999
1000 above

5.9
4.5
6.2
5.1

3.6
3.4
4.5
3.2

8.7
4.4
4.6
4.2

9.1
6.5
6.0
5.6

Westminster

499 below
500 to 749
750 to 999
1000 above

5.9
2.3
3.3
3.3

4.2
3.5
4.7
3.4

0.0
2.5
5.1
5.5

0.0
4.0
6.8
3.9

Adams County 499 below


500 to 749
750 to 999
1000 above

4.3
3.2
4.7
4.2

4.2
3.5
4.6
3.4

8.2
3.7
4.7
4.4

9.1
5.7
5.9
5.0

Vacancy Rates by Age of Building


by Market Area for Adams County

Vacancy Rates by Apartment Type


by Market Area for Adams County

(In Percent)

(In Percent)
2015

County
Aurora-North

Commerce City/ Brighton

Northglenn/Thornton

Westminster

Adams County

Year
To 1939
1940-49
1950-59
1960-69
1970-79
1980-89
1990-94
1995-99
1990-99
2000-09
2010 up
To 1939
1940-49
1950-59
1960-69
1970-79
1980-89
1990-94
1995-99
1990-99
2000-09
2010 up
To 1939
1940-49
1950-59
1960-69
1970-79
1980-89
1990-94
1995-99
1990-99
2000-09
2010 up
To 1939
1940-49
1950-59
1960-69
1970-79
1980-89
1990-94
1995-99
1990-99
2000-09
2010 up
To 1939
1940-49
1950-59
1960-69
1970-79
1980-89
1990-94
1995-99
1990-99
2000-09
2010 up

1st

0.0

2nd

10.4

3.8
6.5

3.5
3.0

2.3
1.2

0.0
5.6
1.2

2015

County
3rd

4th

3.0

4.2
6.0

4.9
7.1

9.7
1.2

Apartment Type
Aurora-North
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed

1st

2nd

3rd

0.0
0.0
0.0

11.1
5.1
16.7
20.8
0.0

0.0
2.3
8.3

4th

Other
All

0.0

0.0
10.4

3.0

Commerce City/Brighton
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed

0.0
3.9
2.1
3.0
2.6

2.0
5.6
3.9
1.3

3.5
1.9
4.4
2.6

6.7
3.4
4.7
17.5

Other
All

3.1

3.2

3.4

6.2

12.0
6.6
3.4
4.4
5.8

3.8
3.5
4.4
3.6
3.5

6.3
4.7
5.3
4.1
1.5

0.0
6.3
7.2
5.7
4.4

Other
All

6.3
5.3

3.9
3.7

3.8
4.5

5.4
6.1

4.7
2.8
2.1
3.7
1.2

1.2
4.3
3.3
4.2
3.1

1.8
3.4
3.4
6.2
5.1

5.5
4.2
6.9
5.0
4.7

6.0

0.0
4.5
4.3

0.0
4.3
4.0

0.7
5.4
5.3

4.8
8.2
5.3

3.1
4.2
26.8

2.6
4.0

1.8
4.5
11.0

4.0
5.7
11.0

Northglenn/Thornton
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed

0.7
2.9
2.4

2.6
5.1
2.9

12.5
4.0
3.4

0.0
5.5
5.4

Westminster
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed

6.1
2.6

4.3
3.3

4.3
5.3

4.4
4.1

Other
All

2.0
2.8

3.9
3.9

0.0
4.1

0.0
5.0

Adams County
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed

5.1
4.4
2.6
4.1
3.9

2.0
3.9
4.0
4.1
3.1

3.0
4.1
4.8
5.0
2.7

4.1
5.6
6.6
5.3
5.0

Other
All

4.6
4.0

3.9
3.9

3.7
4.4

5.3
5.6

1.5
3.5
2.9

2.2
4.9
3.1

2.2
4.8
4.8

4.7
7.3
4.8

4.0
3.7
17.6

3.5
3.9
1.2

3.0
4.3
5.8

4.1
5.1
8.3

III-10

Average Rents by Apartment Type


by Market Area for Adams County

Average Rents by Age of Building


by Market Area for Adams County

(In Dollars)

(In Dollars)
2015

1st

2nd

3rd

4th

County
Aurora-North
675.00
660.00
695.00
Efficiency
775.00
744.12
795.00
1 Bed
875.00
907.00
895.00
2 Bed, 1 Bath
895.00
2 Bed, 2 Bath
1065.00
3 Bed
776.52
802.62
796.52
All
Commerce City/Brighton
550.00
Efficiency
979.31 1048.96 1049.62
998.71
1 Bed
1143.82 1132.88 1174.77 1191.21
2 Bed, 1 Bath
1399.50 1358.78 1430.65 1429.89
2 Bed, 2 Bath
1549.00 1578.40 1745.38 1624.75
3 Bed
1186.68 1205.01 1229.57 1200.79
All
Northglenn/Thornton
871.36
993.65
887.33
850.39
Efficiency
1044.32 1072.56 1093.02 1040.89
1 Bed
1154.59 1210.70 1226.39 1192.74
2 Bed, 1 Bath
1366.25 1412.29 1415.46 1373.51
2 Bed, 2 Bath
1591.87 1645.61 1645.19 1666.82
3 Bed
1195.33 1231.53 1231.02 1199.20
All
Westminster
738.68
771.02
728.73
721.93
Efficiency
954.62
993.09 1058.84 1057.83
1 Bed
1031.62 1113.71 1215.66 1165.39
2 Bed, 1 Bath
1318.15 1331.90 1434.05 1414.30
2 Bed, 2 Bath
1834.02 1812.93 1756.03 1877.57
3 Bed
1068.98 1142.59 1198.82 1198.23
All
Adams County
745.59
783.53
769.24
756.93
Efficiency
991.77 1026.21 1063.53 1040.74
1 Bed
1090.62 1153.31 1211.07 1187.37
2 Bed, 1 Bath
1348.87 1365.60 1419.78 1384.01
2 Bed, 2 Bath
1673.17 1715.27 1673.31 1729.76
3 Bed
1130.71 1179.43 1207.18 1196.99
All
Rents are based on the units being unfurnished with tenants paying
electricity and gas.
Average rents do not reflect "rental losses" from discounts,
concessions, models, delinquents, and bad debts.

County
Aurora-North

Year
Built

2015
1st

2nd

3rd

To 1959
1960-69
1970-79
776.52
802.62
796.52
1980-89
1990-99
2000-09
2010 up
Commerce City/ Brighton To 1959
1960-69
1169.94 1153.13 1192.01
1970-79
832.24
960.10
942.00
1980-89
1990-99
1050.00
2000-09
1253.83 1161.33
2010 up
1375.90 1442.74 1442.74
Northglenn/Thornton
To 1959
1960-69
996.82
952.96 1062.82
1970-79
1000.67 1026.02 1086.79
1980-89
1140.18 1305.15 1209.23
1990-99
1303.29 1376.54 1331.23
2000-09
1281.85 1293.28 1344.52
2010 up
1329.58
1418.16
Westminster
To 1959
1960-69
1019.70 1065.66
778.75
1970-79
849.25
915.49
983.81
1980-89
1091.33 1188.18 1199.95
1990-99
1344.92 1283.96 1443.49
2000-09
1505.76 1477.90 1485.71
2010 up
Adams County
To 1959
1960-69
1059.64 1061.27 1094.06
1970-79
903.35
952.41 1033.98
1980-89
1103.75 1207.19 1204.82
1990-99
1316.32 1325.43 1366.76
2000-09
1333.69 1333.52 1376.46
2010 up
1346.26 1442.74 1431.06
Rents are based on units being unfurnished with tenants paying gas and
electricity.

4th

1192.01
942.76
1213.39
1376.29
1014.44
1047.49
1183.02
1309.45
1285.46
1379.95
778.75
970.41
1159.50
1448.09
1394.94

1062.89
1016.16
1184.53
1345.39
1315.90
1378.03

Average rents do not reflect "rental losses" from discounts/concessions, models,


delinquents, and bad debts.
Average rent minus rental losses equals effective rent.

III-11

Average Rents by Size of Building


by Market Area for Adams County

Median Rents by Apartment Type


by Market Area for Adams County

(In Dollars)

(in dollars)

Number of Units
Aurora-North
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Commerce City/Brighton
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Northglenn/Thornton
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Westminster
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Adams County
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up

2015
1st

776.52

2nd

802.62

2015
3rd

4th

County
Aurora-North
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Commerce City/Brighton
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Northglenn/Thornton
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Westminster
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Adams County
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

796.52

692.86

1050.00

1213.39

1009.51
1319.56

1049.19
1312.86

1057.39
1442.74

1057.80
1376.29

858.33
1014.32
1057.28
1228.31
1210.56

692.63
1057.09
1053.92
1299.17
1234.13

730.66
1064.29
1202.88
1236.89
1242.41

736.97
1209.74
1199.56
1200.29

1411.00
758.68
890.92
811.53
1144.08
1015.32

1411.00
791.56
877.54
853.27
1221.77
1107.61

1411.00
792.81
711.30
869.52
1270.28
1196.85

1432.00
792.81
803.21
851.76
1306.06
1188.69

1411.00
761.51
901.81
972.18
1186.81
1121.10

1411.00
783.54
890.47
975.61
1250.62
1179.66

1411.00
759.07
857.07
1097.49
1257.36
1200.88

1432.00
900.89
803.21
1096.99
1243.93
1189.75

Rents reflect units being unfurnished with tenants paying gas and electricity.

1st

2nd

3rd

4th

663.00
763.00
863.00

688.00
788.00
888.00

763.79

680.36
758.53
850.00
888.00
1063.00
769.60

788.79

538.00
1082.17
1020.80
1338.88
1494.00
1170.74

985.00
1071.70
1262.33
1420.00
1233.02

897.19
1085.90
1299.41
1834.40
1239.38

898.31
1088.60
1298.29
1684.00
1115.14

882.75
1037.69
1124.64
1402.00
1653.25
1183.44

1080.50
1083.17
1166.49
1422.55
1632.75
1202.18

796.43
1126.96
1233.89
1438.56
1710.82
1210.66

821.43
1053.69
1162.01
1406.71
1701.55
1150.89

623.11
974.19
1010.60
1362.33
1739.50
1013.77

647.51
1018.83
1149.36
1357.29
1982.00
1091.68

619.17
1078.62
1122.16
1446.91
1808.71
1172.21

619.42
1039.74
1116.28
1478.99
1956.06
1167.39

654.27
1005.64
1106.38
1381.21
1653.25
1087.28

677.00
1034.20
1158.18
1381.83
1837.02
1157.06

691.00
1068.92
1176.66
1439.49
1777.20
1189.80

801.26
1042.81
1152.37
1407.40
1737.67
1150.38

Average rents do not reflect "rental losses" from discounts/concessions, models,


delinquents, and bad debts.

Rents are based on units being unfurnished with tenants paying gas and
electricity.
Average rents do not reflect "rental losses" from discounts/concessions, models,
delinquents, and bad debts.

Average rent minus rental losses equals effective rent.

Average rent minus rental losses equals effective rent.

III-12

Average Rent per Square Foot by Apartment Type

Average Rent Per Square Foot by Apartment Size

by Market Aread for Adams County


(In Dollars)

by Market Aread for Adams County

County
Apartment Type
Aurora-North
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Commerce City/Brighton
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Northglenn/Thornton
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Westminster
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Adams County
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

1st
1.50
1.24
1.09

1.26

2015
2nd
1.73
1.17
1.04
0.90
0.93
1.15

(In Dollars)

3rd

County
Apartment Square Feet
Aurora-North

4th

1.46
1.18
1.12

499 below
500 to 749
750 to 999
1000 above

1st

2015
2nd

3rd

4th

1.50
1.24
1.09

1.64
1.17
1.04
0.90

1.46
1.18
1.12

1.49
1.41
1.34

1.62
1.39
1.37

1.68
1.46
1.41

1.68
1.40
1.40

1.87
1.55
1.35
1.28

2.25
1.62
1.35
1.32

1.88
1.64
1.42
1.34

1.77
1.55
1.40
1.30

1.68
1.44
1.29
1.34

1.80
1.50
1.36
1.34

2.08
1.59
1.49
1.38

2.09
1.57
1.44
1.36

1.70
1.49
1.32
1.30

1.85
1.54
1.36
1.33

1.82
1.59
1.44
1.35

1.77
1.56
1.41
1.32

1.21
Commerce City/Brighton

1.48
1.35
1.41
1.30
1.42

1.59
1.33
1.37
1.29
1.45

1.62
1.36
1.44
1.38
1.50

1.56
1.38
1.44
1.30
1.47

1.80
1.49
1.38
1.29
1.29
1.40

2.04
1.54
1.39
1.31
1.33
1.43

1.81
1.59
1.42
1.36
1.37
1.48

1.73
1.50
1.39
1.34
1.35
1.43

1.33
1.45
1.28
1.27
1.48
1.38

1.39
1.49
1.36
1.30
1.51
1.42

1.29
1.61
1.47
1.40
1.32
1.51

1.28
1.59
1.40
1.36
1.40
1.47

1.38
1.47
1.33
1.29
1.36
1.39

1.46
1.51
1.37
1.31
1.41
1.42

1.41
1.58
1.41
1.37
1.35
1.48

1.38
1.53
1.39
1.35
1.37
1.44

499 below
500 to 749
750 to 999
1000 above
Northglenn/Thornton
499 below
500 to 749
750 to 999
1000 above
Westminster
499 below
500 to 749
750 to 999
1000 above
Adams County
499 below
500 to 749
750 to 999
1000 above

Rents are based on the units being unfurnished with tenants paying electricity
and gas.

Rents are based on units being unfurnished with tenants paying gas and
electricity.

Average rents do not reflect "rental losses" from discounts/concessions,


models, delinquents, and bad debts.

Average rents do not reflect "rental losses" due to concessions, discounts,


model, delinquents and bad debts.

Average rent minus rental losses equals effective rent.

III-13

Rental Losses by Size, Age


and Market Area for Adams County

Economic Vacancy Rates by Size, Age


and Market Area for Adams County

Includes Concessions and Writeoffs

Defined as Physical Vacancy Plus Concessions/Writeoffs

Average Rent Minus Rental Losses Equals Effective Rent

as a Percentage of Gross Potential Rent

(In Percent)

(In Percent)

2015
Building Type

2015

Building

1st

2nd

3rd

Up to 8

0.0

0.0

3.9

9 - 50

2.1

9.5

7.2

51 - 99

15.5

14.3

100 - 199

10.3

9.4

4th

Type

1st

2nd

3rd

4th

Size (in units)

Size

Up to 8

0.0

0.0

3.9

4.0

9 - 50

3.1

9.5

14.4

6.9

19.3

14.3

51 - 99

15.7

17.6

21.0

17.2

10.0

11.2

100 - 199

14.5

12.4

13.4

14.1

200 to 349

21.4

9.4

11.0

10.6

350 up

12.7

9.6

21.8

5.8

200 to 349

25.9

13.9

16.2

13.5

350 up

16.0

13.0

25.5

8.6

Age

Age (year built)

To 1959

To 1959

1960-69

21.8

17.9

18.0

9.3

1960-69

23.3

20.1

20.2

13.9

1970-79

14.5

12.9

11.9

11.1

1970-79

18.1

17.8

16.7

15.7

1980-89

31.7

11.4

11.1

12.9

1980-89

34.5

14.5

15.9

17.5

1990-99
2000-09

10.6

13.2

13.1

6.8

14.6

16.7

16.0

11.4

7.3

4.2

20.1

0.9

1990-99
2000-09

11.0

8.1

24.3

5.5

2010 up

19.8

5.5

3.2

2010 up

37.4

11.3

7.7

Market Area
Aurora-North

10.0

4.3

Commerce City/Brighton

11.3

3.6

7.9

Northglenn/Thornton

10.9

9.2

Westminster

23.5

Average

17.3

Market Area
Aurora-North

10.0

4.9

Commerce City/Brighton

14.4

6.7

11.3

11.0

9.2

4.4

Northglenn/Thornton

16.3

12.9

13.7

10.6

10.6

22.4

8.2

Westminster

26.4

14.6

26.5

13.2

9.7

14.6

5.6

Average

21.3

13.6

19.0

11.5

III-14

14.8

Average Rents for Adams County


(in dollars)

Efficency

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

3 Bed

Other

All

Market Area Totals


Aurora-North
998.71

1191.21

1429.89

1624.75

Northglenn/Thornton

Commerce City/Brighton
850.39

1040.89

1192.74

1373.51

1666.82

1390.00

1200.79
1199.20

Westminster

721.93

1057.83

1165.39

1414.30

1877.57

1432.00

1198.23

Adams County Average

756.93

1040.74

1187.37

1384.01

1729.76

1390.74

1196.99

Westminster

1432.00

1432.00

Adams County Average

1432.00

1432.00

Buildings with up to 6 Units


Aurora-North
Commerce City/Brighton
Northglenn/Thornton

Buildings with 7 to 36 Units


Aurora-North
Commerce City/Brighton

1100.00

1250.00

1295.00

1510.00

1213.39

Northglenn/Thornton
Westminster

700.00

730.00

810.00

900.00

Adams County Average

700.00

931.82

962.31

1173.46

1510.00

792.81

994.00

1186.26

1437.48

1627.69

Northglenn/Thornton

850.39

1040.89

1192.74

1373.51

1666.82

Westminster

722.03

1058.95

1170.54

1415.51

1877.57

Adams County Average

757.13

1041.08

1189.41

1384.61

1730.05

999.76

Buildings with 37 and Above Units


Aurora-North
Commerce City/Brighton

1200.10
1390.00

1199.20
1200.25

1390.00

1197.78

Buildings with 5 Stories and Above


Aurora-North
Commerce City/Brighton
Northglenn/Thornton

1062.00

1272.00

1137.00

1062.00

1272.00

1137.00

Westminster
Adams County Average

III-15

Average Rent for Apartment Building/Community Features and Amenities in Adams County
(In Dollars)
With Feature/Amenity
Feature/Amenity

Efficiency

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

Difference

Without Feature/Amenity
3 Bed

All

Efficiency

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

3 Bed

All

Outside Storage

960.06

1081.09

1267.95

1406.21

1736.60

1249.12

677.23

995.82

1128.63

1342.74

1724.40

1137.16

111.96

Patio or Balcony

901.07

1066.90

1199.53

1386.68

1750.30

1227.43

611.79

872.93

1118.23

1111.02

1343.42

933.08

294.35

Fireplace

912.23

1107.89

1298.22

1403.94

1810.40

1280.10

647.95

938.15

1122.82

1283.08

1526.66

1054.87

225.23

Nine-Foot Ceilings

912.23

1122.24

1297.92

1422.45

1807.72

1300.16

647.95

960.32

1134.43

1298.64

1497.12

1079.16

221.00

Swimming Pool

901.07

1049.43

1201.49

1388.28

1738.26

1211.05

611.79

759.08

988.54

1234.01

1361.76

893.94

317.10

Spa or Sauna

953.53

1101.50

1289.96

1420.99

1792.03

1280.73

666.04

976.04

1126.64

1323.77

1566.60

1104.23

176.49

Exercise Room

901.07

1070.84

1216.74

1410.96

1767.28

1236.10

611.79

932.08

1113.06

1270.24

1438.79

1059.44

176.66

Sport Court

827.96

1008.92

1136.60

1334.59

1682.91

1144.90

742.90

1056.51

1209.22

1403.46

1744.70

1219.62

-74.72

Microwave

960.06

1126.19

1316.70

1434.74

1794.06

1306.94

677.23

968.57

1134.65

1303.04

1593.99

1095.54

211.40

Washer/Dryer Hookups

956.93

1112.88

1320.77

1402.11

1857.86

1291.47

677.12

998.70

1145.28

1363.95

1613.04

1135.00

156.47

Garbage Disposal

758.39

1049.36

1192.66

1386.24

1734.18

1205.01

652.50

828.00

1081.56

1132.13

1318.75

936.11

268.89

Dishwasher

899.70

1071.49

1206.97

1387.84

1738.26

1232.04

611.18

872.74

1086.28

1244.96

1361.76

935.94

296.10

Air Conditioning

756.93

1042.69

1191.14

1386.24

1734.18

1199.34

812.48

1079.74

1132.13

1318.75

1021.35

177.98

Ceiling Fan

756.41

1042.48

1204.38

1393.35

1738.28

1202.22

770.23

1036.00

1143.73

1360.99

1695.80

1182.83

19.39

1157.18

1334.35

1460.61

1839.52

1364.66

756.93

1019.37

1170.11

1362.87

1656.67

1162.17

202.49

Attached Garage
Covered Parking

962.50

1065.79

1216.70

1432.93

1776.29

1252.40

696.63

1023.11

1171.50

1347.15

1655.06

1158.00

94.40

Clubhouse

901.07

1072.22

1215.19

1417.46

1778.96

1239.33

611.79

952.92

1131.05

1276.30

1472.78

1080.69

158.64

Business Center

908.11

1085.50

1232.45

1419.17

1767.75

1260.06

639.86

986.75

1137.97

1322.90

1584.40

1111.38

148.68

Pets Allowed

758.59

1051.79

1200.19

1394.21

1734.18

1209.39

662.00

822.70

983.10

1052.83

1318.75

916.97

292.42

Resident Pays Sewer/Water

901.15

1080.18

1212.14

1394.82

1743.81

1241.88

630.39

911.41

1114.60

1288.02

1513.83

1012.11

229.77

1198.94

1402.56

1485.39

1832.80

1367.78

756.93

1028.54

1171.39

1371.17

1723.98

1182.03

185.75

Unit Security/Alarm System


Handicapped Access

749.49

1089.27

1285.42

1422.47

1803.10

1262.20

819.34

961.45

1121.49

1276.15

1453.58

1086.67

175.53

Heat Included in Rent

629.80

939.22

1111.36

1238.18

1380.00

965.28

894.05

1052.72

1199.27

1385.43

1730.23

1218.65

-253.37

III-16

Apartment Unit Absorption by Quarter and Year for Adams County

2012

2013

2014

2015

Units to Start Quarter/Year


Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year

First
36666
0
36666
4.5%
35009
1657
0
36666
220
36886
5.2%
34986
1900
-22
36886
0
36886
4.7%
35141
1745
209
37208
0
37208
4.0%
35731
1477
-94

Second
36666
0
36666
4.9%
34858
1808
-151
36886
0
36886
3.8%
35470
1416
484
36886
0
36886
4.5%
35210
1676
69
37208
0
37208
3.9%
35767
1441
36

Third
36666
0
36666
4.2%
35112
1554
254
36886
0
36886
5.7%
34790
2096
-680
36886
322
37208
3.9%
35758
1450
548
37208
0
37208
4.4%
35579
1629
-188

Fourth
36666
0
36666
4.5%
35008
1658
-103
36886
0
36886
5.3%
34932
1954
142
37208
0
37208
3.7%
35824
1384
67
37208
0
37208
5.6%
35107
2101
-471

Due to rounding of the vacancy rate, numbers may not always add exactly.
Quarterly absorption totals will not equal year-end total because absorption is the change from time period to time period.
Comparisons should be made using comparable time periods, quarter to quarter or year-end to year-end.

Estimate of New Apartments by Quarter for Adams County


Beginning
Inventory
2008 1st
2nd
3rd
4th
2009 1st
2nd
3rd
4th
2010 1st
2nd
3rd
4th
2011 1st
2nd
3rd
4th
2012 1st
2nd
3rd
4th
2013 1st
2nd
3rd
4th
2014 1st
2nd
3rd
4th
2015 1st
2nd
3rd
4th

Units Added

36266
36266
36266
36608
36608
36608
36608
36647
36647
36647
36647
36647
36647
36647
36647
36666
36666
36666
36666
36666
36666
36886
36886
36886
36886
36886
36886
37208
37208
37208
37208
37208

III-17

0
0
342
0
0
0
39
0
0
0
0
0
0
0
19
0
0
0
0
0
220
0
0
0
0
0
322
0
0
0
0
0

Ending
Inventory
36266
36266
36608
36608
36608
36608
36647
36647
36647
36647
36647
36647
36647
36647
36666
36666
36666
36666
36666
36666
36886
36886
36886
36886
36886
36886
37208
37208
37208
37208
37208
37208

Year-End
36666
0
36666
4.5%
35008
1658
286
36666
220
36886
5.3%
34932
1954
-76
36886
322
37208
3.7%
35824
1384
893
37208
0
37208
5.6%
35107
2101
-717

Monthly Resident Turnover


By Size, Age of Building, and Market Area
for Adams County
(In Percent)

2015
Building Type

1st

2nd

3rd

0.0

0.0

0.0

4th

Size
Up to 8
9 - 50

0.0

1.4

1.4

1.4

51-99

2.9

3.7

3.4

5.1

100 - 199

4.2

3.7

3.9

3.7

200 to 349

3.5

5.4

5.7

5.0

350 up

3.4

5.6

5.6

4.2

Age
To 1959
1960-69

3.2

4.2

5.1

3.5

1970-79

3.9

5.2

4.4

4.7

1980-89

3.2

5.4

5.3

4.6

1990-99

3.9

4.4

6.4

3.9

2000-09

3.6

5.5

5.7

4.5

2010 up

1.7

5.2

6.0

5.7

4.4

Market Area
Aurora-North

3.0

9.7

Commerce City/Brighton

4.0

4.2

Northglenn/Thornton

3.7

5.0

5.5

4.9

Westminster

3.3

5.3

4.7

3.9

County Average

3.5

5.2

5.3

4.5

Resident turnover is for respective months of February, May, August


and November.

III-18

Vacancy Rates During the Current Quarter


Adams County

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

Percent Vacant

142

4.9%

66.7%
2

12

10

16
66

0.0%
0.0%
0.0%
0.0%
4.5%

Two Bedroom
Two Bathroom

Percent Vacant

Total

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

4.1%

Total
Percent Vacant

Total

2
53
17
17
11
29
59
7
28
31
26
20
36
1
3
10
21
1
9
4

99
6
14
101
5
97
507
306
240
384
404
877
126
526
534
600
361
668
42
113
444
240
74
180
132

2.0%
0.0%
0.0%
11.9%
0.0%
2.1%
10.5%
5.6%
7.1%
2.9%
7.2%
6.7%
5.6%
5.3%
5.8%
4.3%
5.5%
5.4%
2.4%
2.7%
2.3%
8.8%
1.4%
5.0%
3.0%

17

0.0%

1
2
31
2
7
3

0.0%
0.0%
0.0%
0.0%
28.6%
0.0%

2
2

12
1

0.0%

6
58
1

0.0%
6.9%
0.0%

1
92
4
3
7
78
2
179
5

0.0%
0.0%
0.0%
0.0%
0.0%
6.4%
0.0%
14.5%
0.0%

15
1
19
4
14
10
26
50
21
2
18
7
7

148
42
336
64
436
100
407
1152
337
28
461
72
276

10.1%
2.4%
5.7%
6.3%
3.2%
10.0%
6.4%
4.3%
6.2%
7.1%
3.9%
9.7%
2.5%

78

3.8%

2
7

24
156

8.3%
4.5%

20
1
5
2
31
39
27
8
7
6
11
6

39
29
8
243
46
48
163
309
490
158
63
163
143
218
204

0.0%
0.0%
0.0%
8.2%
2.2%
10.4%
1.2%
10.0%
8.0%
17.1%
12.7%
4.3%
4.2%
5.0%
2.9%

82

7.3%

4
9

114
145

3.5%
6.2%

3
3

36
130

8.3%
2.3%

5
26

399

7091

5.6%

190

2894

6.6%

241

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

III-19

4554

5.3%

2
55
17
21
11
32
59
27
29
36
28
56
75
54
11
17
42
13
34
10
21
10
30
59
21
6
21
7
7
1
3

Percent

142

4.9%

11
3
116
6
15
103
83
107
514
325
298
440
499
887
461
576
585
770
748
1160
379
181
608
533
335
721
224
548
101
567
1297
339
93
591
73
276
72
78

0.0%
66.7%
1.7%
0.0%
0.0%
11.7%
0.0%
1.9%
10.7%
5.2%
7.0%
2.5%
6.4%
6.7%
5.9%
5.0%
6.2%
3.6%
7.5%
6.5%
14.2%
6.1%
2.8%
7.9%
3.9%
4.7%
4.5%
3.8%
9.9%
5.3%
4.5%
6.2%
6.5%
3.6%
9.6%
2.5%
1.4%
3.8%
3.3%
5.3%
13.7%
9.1%
0.0%
4.2%
4.2%
12.5%
10.0%
0.0%
0.0%
12.5%

0.0%

1
2
1
1

0.0%
0.0%
0.0%
0.0%

30
1
46

3.3%
0.0%
0.0%

1
1

0.0%
0.0%

0.0%

72

1.4%

0.0%
7.1%
13.7%
9.1%
0.0%
4.2%
4.2%
12.5%
10.0%
0.0%
0.0%
12.5%

2
12
7
4

36
70
51
44
36
24
48
24
40
24
28
16

60
226
51
44
36
24
48
24
40
24
28
16

154

5.2%

154

5.2%

38

753

5.0%

883

15640

5.6%

5
7
4
1
2
3
4

291

Total

0.0%

12

Other

Percent Vacant

7
11

47
7

Two Bedroom
One Bathroom

28

7.1%

1
28

0.0%
3.6%

1
2
3
4

57

5.3%

Vacancy Rates During the Current Quarter


Aurora - North

Rent Level

Vacant

Efficiencies

One Bedroom

Total

Total

Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

Percent Vacant

$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS
Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

III-20

Total

Three Bedroom

Percent Vacant

Total

Percent Vacant

Other
Total

Total
Percent Vacant

Total

Percent

Vacancy Rates During the Current Quarter


Commerce City/Brighton

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Efficiencies

One Bedroom

Total

Total

Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

Other

Percent Vacant

Total

Total
Percent Vacant

Total

Percent

16

12.5%

16

12.5%

10

128

7.8%

10

128

7.8%

2
4

12
114

16.7%
3.5%

37

2.7%

37

2.7%

40

5.0%

4
4

52
114

7.7%
3.5%

0.0%

0.0%

91

5.5%

0.0%

30
1

3.3%
0.0%

78

3.8%

30

270

6.7%

116

5.5%

0.0%

0.0%

3.3%

18

91

3.4%

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

III-21

78

169

3.8%

4.7%

30

23.3%

30

23.3%

40

17.5%

37

595

6.2%

Vacancy Rates During the Current Quarter


Northglenn/Thornton

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Two Bedroom

Two Bedroom

Efficiencies

One Bedroom

One Bathroom

Two Bathroom

Three Bedroom

Total

Total

Total

Total

Total

Percent Vacant

4
47
7

0.0%
0.0%

10

0.0%

16

0.0%

53

Percent Vacant

11

0.0%

1
1
14
80
5
21
507

0.0%
0.0%
0.0%
5.0%
0.0%
0.0%
10.5%

16

188

8.5%

27
52
7
12
15
24
16
36
1

356
777
126
184
312
494
247
668
42

7.6%
6.7%
5.6%
6.5%
4.8%
4.9%
6.5%
5.4%
2.4%

7
19
1

348
156
74

2.0%
12.2%
1.4%

Percent Vacant

17

0.0%

1
2

0.0%
0.0%

2
7
3

0.0%
28.6%
0.0%

17
39
27
8
7
1
6
6

39
5
8
64
9
48
3
203
490
158
63
163
36
112
204

0.0%
0.0%
0.0%
7.8%
0.0%
10.4%
0.0%
8.4%
8.0%
17.1%
12.7%
4.3%
2.8%
5.4%
2.9%

82

7.3%

4
4

112
80

3.6%
5.0%

36

8.3%

0.0%

2
58
1

0.0%
6.9%
0.0%

5
6

8
1
14
4
10
10
19
48
21
2
14
7

0.0%

4
3
7
78
2
64
5

0.0%
0.0%
0.0%
6.4%
0.0%
9.4%
0.0%

60
42
245
64
276
100
263
1104
337
28
152
72
84

13.3%
2.4%
5.7%
6.3%
3.6%
10.0%
7.2%
4.3%
6.2%
7.1%
9.2%
9.7%
0.0%

24

8.3%

4
1
2
3
4

290

4612

6.3%

140

1947

7.2%

Total
Percent Vacant

Total

20

0.0%

Total

55

80

Other

Percent Vacant

Percent Vacant

175

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

III-22

3077

5.7%

21

27
52
12
12
20
24
38
75
34
8
14
28
8
20
6
17
10
23
52
21
6
14
7

1
2
1
1

0.0%
0.0%
0.0%
0.0%

30
1
37

3.3%
0.0%
0.0%

1
1

0.0%
0.0%

36

2.8%

36
70
21
44
36
24
48
24
40
24

0.0%
7.1%
0.0%
9.1%
0.0%
4.2%
4.2%
12.5%
10.0%
0.0%

2
5

478

4.4%

28

7.1%

28

3.6%

4
1
2
3
4

56

5.4%

629

Percent

11

0.0%

18
1
15
82
52
31
514
15
246
56
361
786
190
197
363
504
528
1160
264
68
512
254
229
450
92
388
101
412
1184
338
93
152
72
84
36

0.0%
0.0%
0.0%
4.9%
0.0%
0.0%
10.7%
0.0%
8.1%
0.0%
7.5%
6.6%
6.3%
6.1%
5.5%
4.8%
7.2%
6.5%
12.9%
11.8%
2.7%
11.0%
3.5%
4.4%
6.5%
4.4%
9.9%
5.6%
4.4%
6.2%
6.5%
9.2%
9.7%
0.0%
2.8%

60
70
21
44
36
24
48
24
40
24

3.3%
7.1%
0.0%
9.1%
0.0%
4.2%
4.2%
12.5%
10.0%
0.0%

10250

6.1%

Vacancy Rates During the Current Quarter


Westminster

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Two Bedroom

Two Bedroom

Efficiencies

One Bedroom

One Bathroom

Two Bathroom

Total

Total

Total

Vacant

Percent Vacant

142

4.9%

66.7%

Percent Vacant

98
5

2.0%
0.0%

21

38.1%

60

0.0%

178
105
384
48
244

3.9%
1.0%
2.9%
4.2%
3.7%

0.0%

31

66

4.5%

7
1
11
2
9
25
16

564
222
94

4.4%
7.2%
0.0%

20
3
2

345
96
84

5.8%
3.1%
2.4%

9
8

180
204

5.0%
3.9%

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

Percent Vacant

Other
Total

0.0%

92

0.0%

29

0.0%

123

2932

4.2%

142

4.9%

2
2

3
98
12

66.7%
2.0%
0.0%

21
31
60

38.1%
0.0%
0.0%

7
1
11
5
9
15
25
16
10
14

182
105
384
138
275
271
564
251
358
106

3.8%
1.0%
2.9%
3.6%
3.3%
5.5%
4.4%
6.4%
2.8%
13.2%

241
345
96
270
142
180
204
220

18.7%
5.8%
3.1%
5.2%
4.2%
5.0%
3.9%
2.3%

24
30
179

0.0%
0.0%
8.4%

10
14

264
106

3.8%
13.2%

25

126

19.8%

20

115

17.4%

5
5

98
106

5.1%
4.7%

7
1

88
36

8.0%
2.8%

60

1.7%

160

2.5%

45
20
3
14
6
9
8
5

2
65

0.0%
7.7%

7
12

144
144

4.9%
8.3%

7
17

146
209
1

4.8%
8.1%
0.0%

6
9
7

1.5%
8.3%
3.6%
0.0%
5.6%

100

2.0%

0.0%

82

1191

6.9%

0.0%

4
9
7

309
108
192

1.3%
8.3%
3.6%

124

5.6%

409
108
192
36
124

156

4.5%

156

4.5%

24

0.0%

36

5.5%

Percent

15

218

Total

0.0%

12

Total
Percent Vacant

85

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

III-23

1701

5.0%

0.0%

24

0.0%

28
16

0.0%
12.5%

28
16

0.0%
12.5%

8
3

154
16

5.2%
18.8%

8
3

154
16

5.2%
18.8%

13

275

4.7%

315

6318

5.0%

0.0%

DEFINITION OF ADAMS COUNTY MARKET AREAS AND CENSUS TRACTS

Market Area Boundaries:


Aurora - North

North: I-70; East: Arapahoe County; South: Colfax; West: City and
County of Denver boundary

Commerce City,
Brighton

North: I-76, East: Adams County; South: City and County of Denver;
West I-25

Northglenn, Thornton

North: Adams County; South and East: I-76; West: I-25

Westminster

North: Adams County; East: I-25; South: City and County of Denver:
West: Sheridan Blvd. and Boulder-Denver Turnpike

Census Tracts:
Aurora - North

78.00, 79.00, 80.00, 81.00, 82,00, 83.08, 83.09, 83.53

Commerce City,
Brighton

85.12 (pt), 85.14 (pt), 87.01 (pt), 87.03, 87.05 (pt), 87.06, 88.01 (pt),
88.02 (pt), 89.01 (pt)

Northglenn, Thornton

Northglenn - 85.05, 85.06, 85.07, 85.08 (pt), 85.18 (pt), 92.03 (pt),
93.04 (pt), 93.13 (pt), 93.14 (pt), 93.15 (pt), 93.16 (pt)
Thornton - 85.08 (pt), 85.11 (pt), 85.13 (pt), 85.17 (pt), 85.18 (pt), 85.19
(pt), 88.02 (pt), 90.01 (pt), 90.02 (pt), 90.03 (pt), 91.01, 91.02 (pt),
92.01, 92.02, 92.03 (pt), 93.04 (pt), 93.06 (pt), 93.07 (pt), 93.15 (pt),
93.16 (pt), 93.18 (pt)

Westminster

85.13 (pt), 85.16 (pt), 85.17 (pt), 85.18 (pt), 93.09 (pt), 93.13 (pt), 93.14
(pt), 93.17 (pt), 94.01 (pt), 94.03, 94.05, 94.06, 94.07 (pt), 95.01 (pt),
95.02 (pt), 96.03, 96.04 (pt), 96.05 (pt), 96.06 (pt), 98.12 (pt), 98.14 (pt),
98.16 (pt), 98.17 (pt), 98.20 (pt), 98.21 (pt), 102.08 (pt), 102.09 (pt)

Section IV - Arapahoe County


Table of Contents
Graphs
Vacancy Rate by Quarter
Average Rent by Quarter
Vacancy Rate by Market Area by Quarter
Average Rent by Market Area by Apartment Type
Vacancy Rate by Age of Building
Vacancy Rate by Size of Building
Rent per Square Foot by Apartment Type
Rent per Square Foot by Apartment Unit Size
Estimate of Total Apartments by Year
New Apartment Units Added by Year
Vacancy Rates by Market Area by Apartment Type
Vacancy Rate by Apartment Type by Quarter
Median Rent by Apartment Type by Quarter
Average Rent by Size of Building by Quarter

IV-1
IV-1
IV-2
IV-2
IV-3
IV-3
IV-4
IV-4
IV-5
IV-5
IV-6
IV-6
IV-7
IV-7

Tables
Vacancy Rates by Market Area
Vacancy Rates by Size of Building by Market Area
Vacancy Rates by Size of Apartment Unit by Market Area
Vacancy Rates by Age of Building by Market Area
Vacancy Rates by Apartment Type by Market Area

IV-8
IV-9
IV-9
IV-10
IV-10

Average Rents by Apartment Type by Market Area


Average Rents by Age of Building by Market Area
Average Rents by Size of Building by Market Area
Median Rents by Apartment Type by Market Area

IV-11
IV-11
IV-12
IV-12

Average Rent per Square Foot by Apartment Type by Market Area


Average Rent per Square Foot by Apartment Unit Size by Market Area

IV-13
IV-13

Rental Losses by Size, Age and Market Area


Economic Vacancy Rates by Size, Age and Market Area

IV-14
IV-14

Average Rents for Arapahoe County


Average Rent for Apartment Building/Community Features and Amenities

IV-15
IV-16

Apartment Unit Absorption by Quarter and Year


Estimate of New Apartments by Quarter
Monthly Resident Turnover by Size, Age and Market Area

IV-17
IV-17
IV-18

Vacancy Rates During the Current Quarter - Arapahoe County Cumulative Totals
Vacancy Rates During the Current Quarter - Arapahoe County South
Vacancy Rates During the Current Quarter - Arapahoe County Southeast
Vacancy Rates During the Current Quarter - Aurora Central Northeast
Vacancy Rates During the Current Quarter - Aurora Central Northwest
Vacancy Rates During the Current Quarter - Aurora Central Southeast
Vacancy Rates During the Current Quarter - Aurora Central Southwest
Vacancy Rates During the Current Quarter - Aurora South
Vacancy Rates During the Current Quarter - Englewood/Sheridan
Vacancy Rates During the Current Quarter - Glendale
Vacancy Rates During the Current Quarter - Littleton

IV-19
IV-20
IV-21
IV-22
IV-23
IV-24
IV-25
IV-26
IV-27
IV-28
IV-29

Market Area Descriptions and Census Tracts

IV-30

600.00

IV-1

Quarter
15 Q3

15 Q1

14 Q3

14 Q1

13 Q3

13 Q1

12 Q3

12 Q1

11 Q3

11 Q1

10 Q3

10 Q1

09 Q3

09 Q1

08 Q3

08 Q1

07 Q3

07 Q1

06 Q3

06 Q1

05 Q3

05 Q1

04 Q3

04 Q1

03 Q3

03 Q1

02 Q3

02 Q1

01 Q3

01 Q1

00 Q3

00 Q1

99 Q3

99 Q1

98 Q3

98 Q1

97 Q3

97 Q1

96 Q3

96 Q1

98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1
14 Q2
14 Q3
14 Q4
15 Q1
15 Q2
15 Q3
15 Q4

Rent (in dollars)

Percent Vacant

Vacancy Rate by Quarter


for Arapahoe County

14

12

10

Quarter

Average Rent by Quarter


for Arapahoe County

1300.00

1200.00

1100.00

1000.00

900.00

800.00

700.00

Vacancy Rate by Market Area by Quarter


for Arapahoe County
30
15 Q1
15 Q2

25

15 Q3

Percent Vacant

15 Q4

20

15

10

Arapahoe Co-South

Arapahoe CoSoutheast

Aurora-Central
Northeast

Aurora-Central
Northwest

Aurora-Central
Southeast

Aurora- Central
Southwest

Aurora-South

Englewood/Sheridan

Glendale

Littleton

Arapahoe County
Average

Market Area

Average Rent by Market Area by Apartment Type


for Arapahoe County
3000

Efficiency
2 Bed, 1 Bath
3 Bed

1 Bed
2 Bed, 2 Bath
All

Rent (in dollars)

2500

2000

1500

1000

500

Arapahoe Co-South

Arapahoe CoSoutheast

Aurora-Central
Northeast

Aurora-Central
Northwest

Aurora-Central
Southeast

Aurora- Central
Southwest

Aurora-South

Market Area
IV-2

Englewood/Sheridan

Glendale

Littleton

Arapahoe County
Average

Vacancy Rate by Age of Building


for Arapahoe County
35
15 Q1

30

15 Q2
15 Q3

Percent Vacant

25

15 Q4

20

15

10

0
To 1939

1940-49

1950-59

1960-69

1970-79

1980-89

1990-99

2000-09

2010 up

Year Built

Vacancy Rate by Size of Building


for Arapahoe County
9
15 Q1

8
7

15 Q2
15 Q3

Percent Vacant

15 Q4

6
5
4
3
2
1
0
Up to 8

9 to 50

51 to 99

100 to 199

Number of Units in Building

IV-3

200 to 349

350 up

Rent per Square Foot by Apartment Type


for Arapahoe County
2.5

Rent per Square Foot (in dollars)

15 Q1
15 Q2

15 Q3
15 Q4

1.5

0.5

0
Efficiency

One Bedroom

Two Bed, One


Bath

Two Bed, Two


Bath

Three Bed

Average

Apartment Type

Rent per Square Foot by Apartment Unit Size


for Arapahoe County
2.5

Rent per Square Foot (in dollars)

15 Q1
15 Q2

15 Q3
15 Q4

1.5

0.5

0
499 below

500 to 749

750 to 999

Apartment Unit Size (in square feet)

IV-4

1000 above

200

400

60
12

200 172
126

74

376

600

6998
25

470

374
340

124

800

1800

134

240

322

244
196

134
92

IV-5

102
60
200

Year

619 602

510
508
479

404

0 200 0 0 0 0 0

819

185

84
80
20 0 0
0

436

166

00000

558

293

86 55 66
36
0000 0 0

15 Q3

15 Q1

14 Q3

14 Q1

13 Q3

13 Q1

12 Q3

12 Q1

11 Q3

11 Q1

10 Q3

10 Q1

09 Q3

09 Q1

08 Q3

08 Q1

07 Q3

07 Q1

06 Q3

06 Q1

05 Q3

05 Q1

04 Q3

04 Q1

03 Q3

03 Q1

02 Q3

02 Q1

01 Q3

01 Q1

00 Q3

00 Q1

99 Q3

99 Q1

98 Q3

98 Q1

97 Q3

97 Q1

96 Q3

96 Q1

45000

96 Q1
96 Q2
96 Q3
96 Q4
97 Q1
97 Q2
97 Q3
97 Q4
98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1
14 Q2
14 Q3
14 Q4
15 Q1
15 Q2
15 Q3
15 Q4

Number of Apartment Units

Number of Apartment Units

Estimate of Total Apartments by Year


for Arapahoe County

65000

63000

61000

59000

57000

55000

53000

51000

49000

47000

Year

New Apartment Units Added by Year


for Arapahoe County

2000

1795

1600

1400

1200
1287

1000

741
876

454

548

174

306

235
222
206

Vacancy Rates by Market Area by Apartment Type


for Arapahoe County
80
Efficiency
One bedroom
Two bed, one bath
Two bed, two bath
Three bedroom
All

70

Percent Vacant

60
50
40
30
20
10
0

Arapahoe Co-South

Arapahoe CoSoutheast

Aurora-Central
Northeast

Aurora-Central
Northwest

Aurora-Central
Southeast

Aurora- Central
Southwest

Aurora-South

Englewood/Sheridan

Glendale

Littleton

Arapahoe County
Average

Market Area

Vacancy Rate by Apartment Type by Quarter


for Arapahoe County
12
15 Q1
15 Q2

10

15 Q3

Percent Vacant

15 Q4

0
Efficiency

One Bedroom

Two Bed, One BathTwo Bed, Two Bath

Apartment Type

IV-6

Three Bed

Average

Median Rent by Apartment Type by Quarter


for Arapahoe County
2000
15 Q1

1800

Rent (in dollars)

15 Q2

1600

15 Q3

1400

15 Q4

1200
1000
800
600
400
200
0
Efficiency

One Bedroom

Two Bed, One BathTwo Bed, Two Bath

Three Bed

Average

Apartment Type

Average Rent by Size of Building


for Arapahoe County
1800.00
$1,575.00

1600.00

Rent (in dollars)

1400.00
$1,194.60

1200.00
1000.00

$950.00
$799.56

800.00
600.00
400.00
200.00
0.00
Up to 6 units

7 - 36 units

37 + units

Size of Building

IV-7

5 Story or More

Vacancy Rates by Market Area for Arapahoe County


First Figure = Rate for Quarter in Percent
Second Figure = Change from Year Ago
Third Figure = Twelve Month Average
2006
County
Arapahoe CoSouth
Arapahoe CoSoutheast
Aurora-Central
Northeast
Aurora-Central
Northwest
Aurora-Central
Southeast
Aurora- Central
Southwest
Aurora-South

Englewood/
Sheridan
Glendale

Littleton

Arapahoe
County

1st

2nd

3rd

2007
4th

1st

2nd

3rd

7.0 5.9 6.6 6.4 5.6 3.8


-1.1 -1.4 0.0 -1.1 -1.4 -2.1
7.1 6.8 6.8 6.5 6.1 5.6
5.6 5.4 3.9 7.6 4.4 5.1
-2.4 0.6 -0.3 2.0 -1.2 -0.3
5.1 5.2 5.1 5.6 5.3 5.3
11.2 11.8 12.5 9.6 8.4 10.7
3.3 1.7 3.6 0.4 -2.8 -1.1
9.8 10.2 11.1 11.2 10.5 10.3
8.0 6.8 14.6 7.1 7.2 6.1
-1.2 -0.6 8.6 -1.5 -0.8 -0.7
7.5 7.4 9.5 9.1 8.9 8.7
6.7 7.4 6.4 6.8 6.9 4.9
-1.5 -0.1 0.6 -0.5 0.2 -2.6
6.9 6.8 7.0 6.9 6.9 6.3
8.8 7.5 8.1 10.4 13.5 7.0
-2.6 -0.8 -0.1 1.8 4.8 -0.5
8.5 8.3 8.3 8.7 9.9 9.8
6.8 5.7 4.2 5.6 7.7 7.1
-1.8 -1.1 -2.8 -1.4 0.9 1.3
6.9 6.6 5.9 5.6 5.8 6.1
6.7 6.5 5.1 6.6 7.0 6.6
-3.5 -0.7 -0.9 -0.9 0.3 0.1
6.8 6.7 6.4 6.2 6.3 6.3
6.4 9.0 7.5 8.3 8.2 6.6
-1.7 0.0 -2.0 1.2 1.8 -2.5
8.0 8.0 7.5 7.8 8.3 7.6
5.5 5.5 4.9 5.8 5.6 4.7
-3.2 -0.5 -1.7 -1.2 0.1 -0.8
6.3 6.2 5.7 5.4 5.5 5.3
7.0 6.8 6.7 7.4 7.8 6.1
-1.9 -0.5 -0.1 0.0 0.8 -0.7
7.1 7.0 7.0 7.0 7.2 7.0

3.9
-2.7
4.9
4.4
0.5
5.4
8.9
-3.6
9.4
4.8
-9.8
6.3
4.2
-2.3
5.7
5.3
-2.8
9.1
5.1
0.9
6.4
5.5
0.4
6.4
6.3
-1.2
7.3
4.4
-0.5
5.1
5.0
-1.7
6.6

2008
4th

1st

4.8 4.8
-1.6 -0.8
4.5 4.3
5.3 11.2
-2.3 6.9
4.8 6.5
7.1 7.0
-2.4 -1.4
8.8 8.4
7.0 7.3
0.0 0.1
6.3 6.3
4.2 5.2
-2.7 -1.8
5.0 4.6
5.8 5.9
-4.6 -7.6
7.9 6.0
6.8 5.2
1.2 -2.5
6.7 6.0
5.4 5.1
-1.2 -1.9
6.1 5.6
7.6 9.0
-0.7 0.8
7.2 7.4
5.5 5.7
-0.3 0.2
5.1 5.1
6.0 6.5
-1.4 -1.4
6.2 5.9

2nd

3rd

2009
4th

1st

2nd

3rd

2010
4th

1st

3.0 4.4 5.5 6.4 4.3 5.3 3.9


-0.9 0.5 0.7 1.7 1.3 0.9 -1.6
4.1 4.2 4.4 4.8 5.2 5.4 5.0
5.7 6.3 9.0 15.7 10.5 6.9 7.8
0.6 1.9 3.7 4.5 4.8 0.5 -1.2
6.7 7.1 8.1 9.2 10.4 10.5 10.2
5.3 13.0 11.9 11.9 13.5 12.4 15.1
-5.4 4.1 4.8 4.9 8.2 -0.6 3.2
7.1 8.1 9.3 10.5 12.6 12.4 13.2
6.2 8.1 10.3 13.9 12.8 9.5 9.8
0.1 3.3 3.3 6.6 6.5 1.5 -0.6
6.3 7.2 8.0 9.6 11.3 11.6 11.5
7.8 10.0 10.0 14.3 14.1 7.0 7.3
3.0 5.8 5.8 9.1 6.3 -2.9 -2.7
5.3 6.8 8.2 10.5 12.1 11.4 10.7
5.6 7.4 8.4 6.6 8.6 9.3 7.8
-1.4 2.0 2.6 0.6 3.0 1.9 -0.7
5.7 6.2 6.8 7.0 7.8 8.2 8.1
6.5 5.7 7.0 7.9 12.4 7.8 8.9
-0.6 0.6 0.3 2.7 5.9 2.1 1.9
5.9 6.0 6.1 6.8 8.3 8.8 9.2
4.4 5.1 7.4 7.4 8.4 13.7 9.3
-2.1 -0.4 2.1 2.4 4.0 8.6 1.8
5.1 5.0 5.5 6.1 7.1 9.3 9.7
7.3 7.5 8.5 8.9 10.0 9.7 9.6
0.7 1.2 0.9 -0.1 2.7 2.1 1.0
7.6 7.9 8.1 8.1 8.8 9.3 9.5
5.0 4.4 7.3 5.2 6.6 5.0 10.9
0.2 0.0 1.8 -0.6 1.7 0.7 3.6
5.2 5.1 5.6 5.4 5.9 6.0 6.9
5.9 6.9 8.3 9.7 10.7 8.5 8.6
-0.2 1.9 2.3 3.3 4.7 1.6 0.3
5.8 6.3 6.9 7.7 8.9 9.3 9.4

3.1
-3.4
4.1
6.0
-9.7
7.8
7.2
-4.7
12.0
7.5
-6.4
9.9
5.6
-8.7
8.5
9.1
2.5
8.7
8.6
0.7
9.4
7.6
0.2
9.8
8.0
-0.9
9.3
5.7
0.6
7.1
7.2
-2.5
8.7

2nd

2011
3rd

2012

2013

2014

2015

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

3.0 2.4 3.4


-1.4 -2.9 -0.5
3.8 3.1 2.9
4.9 3.9 4.8
-5.6 -3.0 -3.0
6.4 5.6 4.9
8.9 5.7 6.2
-4.5 -6.6 -8.9
10.9 9.2 7.0
5.8 4.7 5.1
-7.0 -4.8 -4.7
8.1 6.9 5.8
5.5 4.9 5.3
-8.7 -2.1 -2.0
6.3 5.8 5.3
8.7 12.2 10.2
0.0 2.9 2.5
8.7 9.4 10.0
8.1 8.4 8.2
-4.3 0.7 -0.8
8.3 8.5 8.3
5.6 5.6 5.2
-2.9 -8.2 -4.1
9.0 7.0 6.0
6.6 6.1 6.2
-3.4 -3.5 -3.3
8.5 7.6 6.8
3.2 3.5 3.8
-3.4 -1.6 -7.0
6.2 5.8 4.1
6.4 6.7 6.6
-4.2 -1.8 -2.0
7.7 7.2 6.7

2.8
-3.6
2.9
5.8
-9.9
4.8
7.5
-4.4
7.1
6.2
-7.7
5.5
4.5
-9.8
5.1
8.2
1.6
9.8
8.4
0.5
8.3
4.3
-3.1
5.2
6.9
-2.0
6.5
2.9
-2.3
3.4
6.4
-3.3
6.6

2.8
-0.2
2.8
4.2
-0.7
4.6
8.6
-0.3
7.0
6.0
0.2
5.5
4.5
-0.9
4.8
7.2
-1.4
9.5
6.0
-2.1
7.8
5.0
-0.5
5.0
5.0
-1.6
6.1
4.5
1.3
3.7
5.5
-1.0
6.3

3.0
0.7
3.0
4.6
0.7
4.8
7.9
2.1
7.5
6.2
1.4
5.9
4.7
-0.2
4.8
7.0
-5.2
8.2
6.7
-1.7
7.3
4.1
-1.5
4.7
5.5
-0.7
5.9
2.9
-0.5
3.5
5.6
-1.2
6.0

4.0
0.7
3.2
5.6
0.8
5.0
7.9
1.7
8.0
6.6
1.5
6.3
5.7
0.3
4.8
9.9
-0.3
8.1
7.8
-0.4
7.2
5.3
0.1
4.7
5.4
-0.8
5.7
5.2
1.4
3.9
6.8
0.2
6.1

3.9
1.1
3.4
6.0
0.2
5.1
13.2
5.7
9.4
6.2
0.0
6.3
4.6
0.1
4.9
9.1
0.9
8.3
6.7
-1.7
6.8
2.7
-1.6
4.3
5.1
-1.8
5.2
4.1
1.3
4.2
6.3
-0.2
6.0

3.1
0.3
3.5
4.1
0.0
5.1
5.9
-2.7
8.7
5.5
-0.5
6.1
4.6
0.1
4.9
7.9
0.7
8.5
6.0
0.0
6.8
4.8
-0.3
4.2
6.4
1.4
5.6
3.9
-0.7
4.0
5.5
0.1
6.1

3.2
0.2
3.6
3.6
-1.0
4.8
3.8
-4.1
7.7
5.2
-1.0
5.9
4.6
-0.1
4.9
6.1
-0.8
8.3
4.7
-1.9
6.3
3.8
-0.3
4.2
6.9
1.4
5.9
4.7
1.8
4.5
4.8
-0.8
5.9

3.3
-0.8
3.4
4.9
-0.8
4.6
3.8
-4.1
6.7
6.1
-0.5
5.8
4.9
-0.7
4.7
7.6
-2.3
7.7
4.5
-3.3
5.5
4.3
-1.0
3.9
3.6
-1.9
5.5
5.5
0.3
4.6
5.0
-1.8
5.4

3.4
-0.5
3.2
4.2
-1.8
4.2
2.3
-10.9
4.0
5.3
-1.0
5.5
3.8
-0.8
4.5
3.8
-5.4
6.4
4.3
-2.4
4.9
4.4
1.7
4.3
5.0
-0.1
5.5
3.5
-0.6
4.4
4.1
-2.1
4.9

2.6
-0.5
3.1
3.9
-0.2
4.1
4.1
-1.9
3.5
4.7
-0.9
5.3
3.0
-1.6
4.1
3.4
-4.5
5.2
6.2
0.1
4.9
5.6
0.8
4.5
7.6
1.2
5.8
2.4
-1.5
4.0
4.5
-1.0
4.6

3.7
0.5
3.2
4.3
0.7
4.3
3.0
-0.8
3.3
6.4
1.2
5.6
3.4
-1.2
3.8
3.6
-2.6
4.6
6.3
1.6
5.3
3.8
0.0
4.5
7.3
0.4
5.9
3.2
-1.5
3.7
4.8
0.0
4.6

3.4
0.2
3.3
5.9
1.1
4.6
3.0
-0.8
3.1
5.6
-0.5
5.5
3.3
-1.6
3.4
4.1
-3.5
3.7
7.3
2.8
6.0
4.6
0.3
4.6
7.1
3.6
6.8
3.8
-1.8
3.2
5.2
0.1
4.6

3.1
-0.4
3.2
5.3
1.1
4.9
3.2
0.8
3.3
4.5
-0.7
5.3
3.5
-0.2
3.3
3.7
-0.1
3.7
5.5
1.2
6.3
3.9
-0.5
4.5
6.7
1.7
7.2
3.5
-0.1
3.2
4.5
0.3
4.7

2.7
0.2
3.2
5.8
1.9
5.3
4.4
0.3
3.4
4.1
-0.6
5.2
3.4
0.4
3.4
4.2
0.8
3.9
6.0
-0.2
6.3
4.3
-1.3
4.1
5.7
-1.9
6.7
3.3
1.0
3.4
4.6
0.1
4.8

3.1
-0.6
3.1
9.4
5.1
6.6
3.7
0.7
3.6
4.0
-2.4
4.6
3.3
-0.1
3.4
4.0
0.4
4.0
4.6
-1.8
5.8
3.6
-0.2
4.1
4.9
-2.4
6.1
6.1
2.9
4.2
4.6
-0.2
4.7

4.7
1.3
3.4
5.2
-0.7
6.4
2.4
-0.6
3.4
8.5
2.9
5.3
3.8
0.5
3.5
4.0
-0.1
4.0
4.5
-2.8
5.2
3.5
-1.1
3.8
6.6
-0.6
6.0
3.8
0.0
4.2
4.9
-0.3
4.6

4.5
1.4
3.8
5.5
0.2
6.5
3.6
0.4
3.5
6.2
1.6
5.7
3.1
-0.4
3.4
4.6
1.0
4.2
3.7
-1.8
4.7
3.4
-0.5
3.7
5.8
-0.9
5.8
13.0
9.6
6.6
4.9
0.4
4.7

3.1
0.4
3.8
5.5
-0.3
6.4
2.2
-2.2
3.0
5.8
1.7
6.1
5.5
2.1
4.0
3.3
-0.9
4.0
4.8
-1.1
4.4
4.7
0.4
3.8
6.5
0.7
5.9
9.4
6.0
8.1
5.0
0.4
4.8

4.8
1.6
4.3
4.8
-4.6
5.3
5.2
1.5
3.3
4.7
0.7
6.3
5.0
1.7
4.4
4.7
0.7
4.2
3.7
-0.9
4.2
4.5
0.9
4.0
25.6
20.7
11.1
7.4
1.2
8.4
5.5
0.9
5.1

6.0
1.3
4.6
6.6
1.3
5.6
5.8
3.4
4.2
8.1
-0.5
6.2
5.7
1.9
4.9
4.9
0.9
4.4
4.9
0.4
4.3
3.3
-0.2
4.0
18.6
12.0
14.1
8.3
4.5
9.5
6.2
1.3
5.4

Due to rounding of the vacancy rate, numbers may not always add exactly.

IV-8

Vacancy Rates by Size of Building


by Market Area for Arapahoe County

Vacancy Rates by Size of Apartment Unit


by Market Area for Arapahoe County

(In Percent)

(In Percent)

County
Arapahoe Co-South

Arapahoe CoSoutheast

Aurora-Central
Northeast

Aurora-Central
Northwest

Aurora-Central
Southeast

Aurora- Central
Southwest

Aurora-South

Englewood/Sheridan

Glendale

Littleton

Arapahoe County

Number of
Units

Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up

2015
1st

1.9
5.5
4.2

17.9
4.6
5.0

2nd

0.0

0.3
4.3
1.9

3.0
5.6

2.9
7.1

0.0

0.0

18.5
4.9
3.8

7.1
5.9

0.0

14.8

6.9
5.2
5.1
0.0

5.7
3.8
5.9
0.0

2.2
4.9
5.0
4.6

6.7
4.3
2.8
11.7
0.0

29.8
4.5
3.5

5.2
2.4
1.8
0.0
1.3
1.7
1.7
3.7
7.5

3.1
2.5
3.7

5.4
5.5
5.6

7.7
3.3
3.7
3.7
0.0
1.2
1.8
2.8
5.0
2.6

1.2
3.9
4.7
11.6
3.6
1.1
0.0
19.9
5.0
2.4
1.2
1.6
3.5
6.0
4.5

4th

0.0

2.9
5.8
2.9
0.0
1.1
0.6
3.2
2.4
10.0
0.0

2.4
6.7
3.3

2015
3rd

1.2
2.4
4.4
2.7

3.4
4.1
6.1

4.4
5.6
3.9

Square Feet in Unit

Arapahoe Co-South

499 below
500 to 749
750 to 999
1000 above

1.5
3.3
6.4

Arapahoe CoSoutheast

499 below
500 to 749
750 to 999
1000 above

Aurora-Central
Northeast

3rd

4th

0.7
3.8
3.2

2.7
6.4
4.7

35.5
3.6
4.8
7.4

6.1
4.9
5.8

11.7
4.6
5.1

2.6
5.9
4.0
5.1

0.0
5.5
6.5
7.0

499 below
500 to 749
750 to 999
1000 above

2.4
3.5
4.5
1.6

4.9
2.4
2.3
0.8

4.9
5.5
5.1
4.8

4.9
5.9
5.9
4.8

Aurora-Central
Northwest

499 below
500 to 749
750 to 999
1000 above

27.7
6.0
2.6
3.7

19.7
5.3
4.5
3.4

4.8
5.2
3.9
5.0

7.4
8.4
8.5
7.5

Aurora-Central
Southeast

499 below
500 to 749
750 to 999
1000 above

0.0
3.4
2.6
3.8

0.0
5.1
5.3
6.8

0.0
5.0
4.5
8.1

4.2
5.3
5.3
9.3

Aurora- Central
Southwest

499 below
500 to 749
750 to 999
1000 above

8.2
3.5
3.6
8.8

4.5
4.0
2.6
3.6

16.4
4.1
4.5
5.2

2.7
5.1
4.2
5.5

Aurora-South

499 below
500 to 749
750 to 999
1000 above

8.4
4.1
3.7
3.3

2.1
3.0
5.3
6.1

0.0
3.0
3.3
4.4

0.0
3.3
5.4
5.4

Englewood/Sheridan

499 below
500 to 749
750 to 999
1000 above

0.0
4.2
3.6
2.5

0.0
4.8
3.9
6.0

2.4
2.9
4.4
5.9

6.3
2.4
3.6
3.2

Glendale

499 below
500 to 749
750 to 999
1000 above

5.2
6.7
5.1
4.6

5.0
7.8
5.5
4.7

0.0
10.0
39.5
82.9

0.0
13.8
26.5
17.3

Littleton

499 below
500 to 749
750 to 999
1000 above

2.6
16.9
3.6
19.6

4.3
9.7
2.9
15.5

1.6
7.2
6.6
9.4

2.5
6.6
10.0
11.3

Arapahoe County

499 below
500 to 749
750 to 999
1000 above

14.5
5.0
3.6
5.6

10.7
4.9
4.3
5.6

3.9
4.9
5.4
6.3

6.3
5.7
6.0
7.1

3.2
6.0
6.3

4.5
6.8
3.6

1.5
3.3
10.9
3.6

7.7

10.8

3.6
3.6

0.4
4.4
4.5
6.3
4.0

2.3
0.0
6.9
4.3
5.1

6.6
4.4
0.0
3.1

0.0
6.7
5.3
4.0
13.4

0.0
2.9
4.5
87.7
5.9
0.0
2.0
1.1

0.0
3.8
8.7
27.6
10.5
0.0
4.4
5.6

8.4
7.9
0.0
1.8
2.3
4.7
7.2
4.6

9.5
6.9
0.0
4.1
6.1
4.1
7.9
5.3

0.7
3.1
4.3
15.1
3.5
0.0
0.6
3.9
4.8
6.3
4.3

County

1st

2nd

4.4
2.6

IV-9

Vacancy Rates by Age of Building


by Market Area for Arapahoe County

Vacancy Rates by Apartment Type


by Market Area for Arapahoe County

(In Percent)

(In Percent)
2015

County

9.9

7.9

12.6

8.1
0.0
6.7
3.7

8.1
0.0
7.0
6.3

7.1
3.7

6.7
2.7
16.5

3.9
0.2
6.7
5.2

3.0
1.1

4.0
6.7

6.1
6.0

2.4

5.2

3.8

0.0
1.1
13.9
3.0
4.0
1.9
0.7

0.0
5.7
11.6
6.6
2.4
2.7

0.8
3.7

4.2
5.6

2.2

6.5
3.1
4.7

8.7
7.5
8.6

2.1

6.3

1.0

2.6
29.0
1.0

6.0
4.7
1.0
5.5
12.0
2.0

5.2
7.2
8.5
6.5
2.0

5.0
2.7
5.2
2.3
16.0

5.6
2.3
3.1
2.8
5.6

7.7
3.5
5.6
3.6
5.0

7.7
3.2
4.4
7.8
19.8

7.8
2.6
4.4
3.2

4.8
2.9
3.3
3.5
53.7

1.4
3.9
4.3
6.4
6.0
4.5
0.0
2.9
3.8
2.8

0.0
0.0
2.4
5.2

0.0
2.6
5.6

1.1
3.3
2.4
4.0
7.3
6.3
2.3
3.7
6.4

2.1

5.8

2.5

4.2
6.9
5.0

3.3
1.4
3.2
3.9
4.7
95.2
1.0
2.7
6.5
3.1
5.2
3.1
28.9

4.2
8.6
7.0
5.1

1.2
2.5
2.6
3.3
3.4
69.2
1.0
4.4
5.8
3.6
3.9
3.3
27.4

2.0
5.8

0.0
9.2

5.5
87.7

7.9
2.4
68.0

1.0
1.6
5.9
6.7
7.1
26.4
2.3
4.4
4.6
4.3
5.4
4.1
24.6

3.6
2.3
16.1
3.2
6.9
14.8
2.3
7.4
5.9
4.5
5.6
6.0
22.4

Arapahoe CoSoutheast

3.0

Aurora-Central
Northeast

2.9
3.9
2.6
5.2

Aurora-Central
Northwest

1.5
3.2
3.9
5.6

Aurora-Central
Southeast

0.0
0.4
1.4
3.5

Aurora- Central
Southwest

0.0
2.1
3.0
5.9

Apartment Type
Arapahoe Co-South

4th

Aurora-South

3rd

Englewood/
Sheridan

2nd

Glendale

1st

Littleton

Year
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up

Arapahoe County

Arapahoe County

Littleton

Glendale

Englewood/
Sheridan

Aurora-South

Aurora- Central
Southwest

Aurora-Central
Southeast

Aurora-Central
Northwest

Aurora-Central
Northeast

Arapahoe CoSoutheast

Arapahoe Co-South

County

IV-10

Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All

2015
1st

2nd

3rd

4th

1.8
3.3
0.0
6.5
3.4
5.3
4.5
0.0
4.7
3.1
7.2
1.7
0.0
5.5
2.0
3.9
3.5
2.9
3.7
0.0
3.6
0.0
7.5
12.1
3.1
2.0
0.0
6.2
0.0
3.1
3.7
3.0
3.6
2.1
3.1
8.2
4.5
2.4
5.5
9.8

1.8
3.4
0.0
3.4
2.3
1.9
3.1
12.5
4.4
6.1
6.5
3.8
100.0
5.5
4.1
2.6
1.9
1.6
0.8
0.0
2.2
3.5
6.8
7.7
4.0
3.9

3.6
5.2
3.2
4.7
2.6
7.4
4.8
5.1
4.0
3.8
5.5
6.1
0.0
4.8
4.5
5.6
2.9
6.9
4.9

16.1
4.8
1.7
7.3
8.5
1.9
6.0
2.6
6.0
7.1
6.7
10.1
0.0
6.6
4.5
5.6
6.5
5.6
4.9

5.2
2.6
4.9
1.3
4.7
7.7

5.8
5.3
7.2
15.8
6.7
10.8

5.8
0.0
5.5
7.0
5.2
4.2
6.3
5.5
10.2
3.6
2.5
3.1
3.9

4.7
0.0
5.3
7.1
4.1
7.0
5.0
5.0
16.4
4.5
4.8
4.5
5.3

8.1
4.2
5.5
5.9
6.0
6.1
0.0
5.7
2.7
5.0
4.3
4.9
5.6

4.6
7.6
3.7
3.9
3.4
4.3
3.3
3.7
0.0
3.5
3.0
3.7
1.9

3.3
2.1
4.6
4.4
5.1
7.4
0.0
4.8
0.0
3.7
3.7
7.3
7.7

4.7
3.6
3.0
4.5
3.9
4.5
3.6
3.7
3.1
4.2
2.9
6.0
4.5

4.9
3.6
4.6
4.9
4.5
8.3
3.6
4.9
4.0
2.9
4.2
3.8
0.0

3.4
5.0
6.5
5.6
4.4
3.7

4.7
5.3
7.2
7.6
3.8
3.6

4.5
51.3
20.7
14.0
50.0
80.0

3.3
72.7
17.5
13.0
18.6
20.0

5.8
2.3
11.3
2.4
17.5
3.0

6.5
5.2
7.7
0.6
14.1
3.7
0.0
9.4
4.2
4.9
4.5
5.3
4.9
3.3
5.0

25.6
1.7
7.5
0.9
8.9
8.5
0.0
7.4
11.4
5.4
4.5
5.6
5.9
4.1
5.5

18.6
0.0
6.1
5.2
12.5
5.7

13.0
4.9
4.9
4.0
5.2
4.0
3.3
4.9

8.3
11.0
6.0
5.7
6.4
8.1
1.8
6.2

Average Rents by Apartment Type


by Market Area for Arapahoe County

Average Rents by Age of Building


by Market Area for Arapahoe County

(In Dollars)

(In Dollars)
2015

County
Arapahoe Co-South
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Arapahoe Co-Southeast
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Aurora-Central Northeast
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Aurora-Central Northwest
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Aurora-Central Southeast
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Aurora- Central Southwest
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Aurora-South
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Englewood/Sheridan
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Glendale
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Littleton
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Arapahoe County
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

2015

1st

2nd

3rd

4th

1206.86
1176.84
1308.77
1572.75
1891.69
1404.22

1201.93
1216.93
1298.96
1534.19
1901.31
1396.04

1155.71
1148.46
1242.35
1583.81
1951.12
1351.21

1141.46
1188.15
1281.70
1569.74
1990.96
1378.41

County
Arapahoe Co-South

Arapahoe Co-Southeast
1300.00
1216.32
1481.40
1667.89
1812.83
1450.59

1181.33
1359.77
1545.62
1734.43
1951.40
1548.17

1068.21
1331.56
1503.55
1654.93
1869.77
1508.67

999.87
1288.18
1475.92
1587.87
1804.38
1452.13

669.95
842.60
892.46
1239.56
1607.78
945.72

678.11
926.52
978.80
1372.01
1764.52
1054.61

712.26
900.75
1039.94
1260.53
1832.94
1049.92

731.88
923.52
997.84
1280.85
1775.88
1053.64

708.62
1018.97
1157.37
1447.97
1683.02
1194.69

774.44
1069.46
1171.19
1460.06
1715.43
1235.49

869.99
977.06
1164.95
1242.15
1577.52
1114.90

911.74
929.20
1192.08
1289.79
1561.28
1088.54

762.50
948.46
1070.62
1207.52
1673.96
1088.85

837.50
989.60
1114.89
1246.77
1576.10
1123.41

888.03
988.33
1145.13
1229.35
1514.74
1108.22

912.50
988.57
1138.22
1211.73
1621.37
1104.20

688.61
950.55
1067.59
1275.60
1871.12
1088.91

699.69
970.61
1117.69
1312.66
1774.50
1115.41

730.68
1034.30
1145.70
1383.26
1944.55
1182.23

732.40
996.75
1162.14
1361.54
1861.48
1159.52

835.60
978.15
1150.18
1289.32
1691.73
1144.51

849.83
1057.75
1200.46
1396.54
1824.00
1234.66

966.43
1078.35
1221.49
1405.72
1711.94
1277.32

1000.71
1080.23
1181.57
1365.71
1770.28
1273.22

778.57
1010.79
1213.26
1360.03
1641.04
1143.48

824.00
1066.71
1194.67
1439.38
1770.42
1197.46

613.59
1107.04
1255.00
1448.44
1766.86
1225.97

547.64
1127.34
1320.10
1405.47
1981.37
1242.10

825.50
962.65
1125.83
1360.00
1741.69
1084.81

817.12
1011.84
1143.01
1432.13
1780.38
1127.15

1155.36
1111.76
1250.14
1976.11
2851.20
1264.29

1413.25
1233.28
1320.15
2030.19
2619.50
1495.99

Aurora-Central Northeast

Aurora-Central Northwest

Aurora-Central Southeast

Aurora- Central Southwest

Aurora-South

Englewood/Sheridan

Glendale

Littleton
667.95
1139.33
1051.92
1463.33
1827.27
1274.01

646.55
1147.49
1242.40
1504.30
2322.59
1324.14

680.52
1182.65
1265.65
1528.12
2034.58
1320.14

629.67
1153.64
1154.62
1502.28
1911.89
1285.26

832.70
1004.95
1115.57
1363.69
1735.84
1164.15

846.24
1065.38
1155.45
1427.39
1815.87
1224.41

890.45
1079.96
1170.98
1410.87
1768.32
1230.34

914.09
1069.55
1167.67
1412.23
1810.50
1229.09

Arapahoe County

Year Built
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up

1st

2nd

3rd

4th

735.29
1440.67
1389.48
1417.44

782.35
1174.08
1403.35
1494.34

788.24
759.84
1382.45
1505.35

785.29
1095.41
1361.65
1472.53

1773.68

1513.34

1592.11

1535.67

1246.11
1141.60
1505.34
1539.78

1208.80
1147.67
1554.80
1435.52

1509.84
1380.75

1550.53
1556.57
1480.65

821.25
919.00
1035.92
1417.56

856.26
1164.29

893.03
1123.71

877.97
1145.35

1492.03

1448.75

1470.82

1152.98
991.55
1139.39

1158.47
970.54
1159.12

1369.20

1357.99

1048.90
1295.15
1280.26
1399.06
911.58

530.00
728.86
903.93
1099.07
1426.48
1212.31
1741.28

600.00
1085.41
959.62
1222.37
1468.94
1412.56

895.13
995.74

952.47
1032.71

1284.00
821.58

1238.35
1713.84
861.58

990.50
1066.99
1274.77
1262.02
1270.26
862.06

817.42
1035.14
1307.24
1352.22
1574.96

841.84
1100.20
1343.35
1426.37
1390.40

938.34
1154.26
1372.89
1624.50
1431.41

906.21
1143.42
1364.94
1491.99
1403.26

915.87
1065.45
1267.45
1297.53

945.75
1129.70
1384.55
1370.14
1610.80

1210.34
1098.28
1175.96
1381.27
1599.00
727.73
850.00
809.63
1248.23

780.83
769.58
936.58
1222.30

849.67
971.17
1267.04

1179.89
1129.31
1264.42
1306.92
1800.00
377.50
766.85
1005.17
1295.13

1302.81

1348.01

1394.70

1331.53

940.27
961.79

1063.11
994.92
988.83
1439.31

912.17
1015.29

754.17
999.04

1357.31
1889.57

1585.71
2113.32
1878.71

793.90
910.05
1299.16
1419.35
1489.40
1660.68
825.83
1009.22
975.80
1150.67
1404.90
1424.97
1606.93

829.27
942.75
1208.75
1579.93
1421.13
1583.99
893.19
1076.09
966.11
1132.78
1445.66
1431.00
1585.38

1411.97

771.90
870.61
1176.21
1415.21
1280.12
1533.43
818.96
857.86
903.19
1068.43
1384.60
1309.18
1622.24

798.64
815.76
1373.25
1319.03
1549.92
1597.68
860.26
1036.46
930.67
1142.75
1438.66
1396.62
1520.82

Rents are based on the units being unfurnished with tenants paying electricity and gas.

Rents are based on units being unfurnished with tenants paying gas and electricity.

Average rents do not reflect "rental losses" from discounts and concessions.

Average rents do not reflect "rental losses" from discounts and concessions.

Average rent minus rental losses equals effective rent.

Average rent minus rental losses equals effective rent.

IV-11

Average Rents by Size of Building by Market Area

Median Rents by Apartment Type by Market Area

for Arapahoe County

for Arapahoe County

(In Dollars)

(In Dollars)
2015

Number of Units
1st
Arapahoe Co-South
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Arapahoe Co-Southeast
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Aurora-Central Northeast
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Aurora-Central Northwest
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Aurora-Central Southeast
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Aurora- Central Southwest
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Aurora-South
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Englewood/Sheridan
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Glendale
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Littleton
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Arapahoe County
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up

1187.46
1549.81
1190.00

1143.21
1491.17
1365.09

2015

2nd

3rd

1030.83

1018.33

1116.34
1447.09
1457.20

1011.66
1496.06

1069.41
1486.15

1141.60

1147.67

1208.21
1451.20
1583.88

1447.22
1463.12

741.22

742.22

1178.21
1512.73
1737.27

4th

798.91
1257.52
855.12

798.91
1492.03
1011.56

767.99
1448.75
1019.76

745.72
1470.82
1023.13

530.00
869.66
995.56
1144.59
1096.47
1298.87

871.57
903.50
1037.88
977.03
1181.10
1310.65

917.17

942.83

1399.33
928.90
1092.04
1200.95

1385.67
950.60
1112.56
1105.67

1172.50

951.93
1195.72
1052.07

872.95
1137.24
1111.20

2455.00

990.77
1238.19
1069.65

791.14
911.95
1146.30
1160.54

1038.61
1164.07
1086.98

948.63
1219.05
1201.35

1054.28
1176.53
1073.42

947.73
1157.66
1199.30

1559.80
1184.00
1177.00
1132.76

1512.60
1368.50
1375.87
1198.84

1525.00

1478.20

1433.91
1219.19

1515.22
1201.72

868.50
765.61
893.49
923.52
1189.47
1283.12

821.54
1123.96
918.99
1251.76
1306.92

810.40
699.37
1058.53
1223.70
1398.85

1068.90
1043.81
1180.22
917.98

717.08
1057.96
1033.12
1273.90
959.20

739.17
1002.94
1176.82
1889.57
1008.86

754.17
1014.29
1492.39
1867.92
995.43

703.57
873.74
1117.25

825.00
869.07
1201.58

1306.11
1483.14

1298.20
1421.13

729.82
815.39
974.48
1252.12
1412.60

County
Arapahoe Co-South
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Arapahoe Co-Southeast
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Aurora-Central Northeast
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Aurora-Central Northwest
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Aurora-Central Southeast
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Aurora- Central Southwest
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Aurora-South
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Englewood/Sheridan
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Glendale
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Littleton
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Arapahoe County
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

900.73
956.44
2196.39
1261.91
1370.07

1705.00
768.34

1247.74
1308.22

780.37
871.57
767.65 1155.25
798.40
860.27
849.51
831.78
1039.21 1057.86 1122.59 1227.08
1017.02 1052.08 1030.37 1025.76
1256.77 1308.64 1305.46 1346.62
1137.032 1210.126 1227.472 1181.081

1st

2nd

3rd

4th

1094.67
1185.72
1313.00
1499.76
1823.67
1404.39

1144.67
1329.44
1402.33
1608.14
1796.18
1344.59

1144.67
1260.15
1269.60
1653.92
1818.45
1380.19

1110.00
1210.19
1307.67
1522.07
1946.67
1389.14

1288.00
1216.85
1482.15
1662.93
1934.00
1412.97

1169.00
1335.57
1475.00
1759.25
1953.73
1509.80

1062.68
1232.03
1464.66
1603.51
1828.00
1459.75

1012.68
1243.18
1436.50
1561.93
1712.20
1453.38

665.34
792.17
880.32
1160.62
1853.40
861.78

665.34
846.06
997.83
1410.69
1764.00
995.97

697.12
931.85
1078.95
1173.14
1668.00
965.02

737.12
867.78
978.95
1173.14
1668.00
983.14

755.67
954.19
1197.75
1579.84
1718.40
1252.04

720.20
1007.36
1230.41
1602.53
1614.04
1245.24

847.33
940.59
1195.00
1242.51
1587.91
1090.62

847.33
916.34
1230.00
1277.66
1583.58
993.92

763.00
905.11
1040.90
1238.61
1737.40
1050.22

838.00
946.83
1081.38
1228.22
1424.67
1068.22

907.19
956.85
1160.47
1193.44
1562.50
1074.13

913.00
941.12
1117.19
1169.79
1615.50
1091.75

686.93
917.31
1065.02
1195.85
1930.67
1067.72

689.07
960.51
1092.43
1295.52
1791.27
1100.63

732.12
1054.25
1156.73
1381.65
1943.41
1171.45

730.53
984.93
1151.13
1342.88
1777.00
1140.81

779.00
991.27
1142.60
1309.04
1665.59
1115.66

830.33
1051.20
1181.40
1371.51
1836.80
1184.99

1011.00
1043.84
1215.29
1360.79
1605.00
1218.47

1061.00
1056.13
1201.29
1357.00
1723.00
1224.78

786.00
1055.23
1276.32
1455.95
1523.50
1169.91

813.00
1111.92
1301.34
1484.16
1725.00
1187.75

600.00
1160.96
1167.82
1541.73
1979.69
1192.61

389.50
1171.52
1320.25
1476.79
2013.02
1204.90

835.60
899.26
1066.27
1427.75
1979.75
993.23

794.00
980.52
1106.06
1454.25
1979.38
1047.12

1452.67
944.74
1259.23
2003.86
2010.38
1061.83

1437.72
992.00
1193.45
2256.73
2176.00
1464.52

597.12
1156.23
1229.00
1541.89
1791.56
1269.65

620.20
1145.78
1074.00
1534.00
2009.89
1260.59

675.00
1233.17
1355.75
1584.22
1897.50
1340.75

572.60
1201.14
1232.23
1561.49
1934.44
1248.84

758.20
991.08
1080.99
1337.49
1765.69
1124.11

789.83
1044.89
1124.59
1407.26
1785.35
1188.34

841.92
1045.55
1151.53
1372.95
1667.00
1193.18

910.74
1022.43
1146.73
1370.02
1746.33
1193.81

Rents reflect units being unfurnished with tenants paying gas and electricity.

Rents are based on units being unfurnished with tenants paying gas and electricity.

Average rents do not reflect "rental losses" from discounts and concessions.

Average rents do not reflect "rental losses" from discounts and concessions.

Average rent minus rental losses equals effective rent.

Average rent minus rental losses equals effective rent.

IV-12

Average Rent per Square Foot by Apartment Type

Average Rent Per Square Foot by Apartment

by Market Area for Araphaoe County

Unit Size by Market Area for Arapahoe County

(In Dollars)

(In Dollars)
2015

County
Apartment Type

1st

2nd

2015

County
3rd

4th

Arapahoe Co-South
Efficiency
2.00
2.00
1.93
2.08
1 Bed
1.53
1.58
1.55
1.58
2 Bed, 1 Bath
1.48
1.53
1.49
1.47
2 Bed, 2 Bath
1.43
1.39
1.44
1.44
3 Bed
1.26
1.14
1.17
1.32
All
1.48
1.49
1.50
1.53
Arapahoe Co-Southeast
Efficiency
2.38
2.11
2.16
2.02
1 Bed
1.51
1.63
1.64
1.60
2 Bed, 1 Bath
1.45
1.50
1.46
1.43
2 Bed, 2 Bath
1.39
1.46
1.42
1.38
3 Bed
1.33
1.39
1.37
1.33
All
1.45
1.55
1.53
1.49
Aurora-Central Northeast
Efficiency
1.41
1.42
1.64
1.68
1 Bed
1.26
1.37
1.37
1.40
2 Bed, 1 Bath
1.09
1.19
1.26
1.21
2 Bed, 2 Bath
1.22
1.36
1.37
1.39
3 Bed
1.20
1.34
1.37
1.33
All
1.21
1.32
1.35
1.36
Aurora-Central Northwest
Efficiency
1.62
1.86
1.67
1.74
1 Bed
1.51
1.57
1.47
1.52
2 Bed, 1 Bath
1.38
1.50
1.35
1.53
2 Bed, 2 Bath
1.33
1.31
1.24
1.28
3 Bed
1.22
1.25
1.18
1.17
All
1.43
1.46
1.37
1.44
Aurora-Central Southeast
Efficiency
1.78
1.95
2.17
2.23
1 Bed
1.35
1.40
1.44
1.44
2 Bed, 1 Bath
1.22
1.27
1.33
1.33
2 Bed, 2 Bath
1.23
1.26
1.30
1.28
3 Bed
1.31
1.23
1.17
1.24
All
1.29
1.33
1.38
1.38
Aurora- Central Southwest
Efficiency
1.63
1.66
1.73
1.73
1 Bed
1.39
1.43
1.50
1.45
2 Bed, 1 Bath
1.22
1.29
1.32
1.34
2 Bed, 2 Bath
1.26
1.30
1.33
1.33
3 Bed
1.42
1.35
1.45
1.42
All
1.32
1.37
1.42
1.40
Aurora-South
Efficiency
1.86
1.87
1.68
1.73
1 Bed
1.39
1.49
1.47
1.46
2 Bed, 1 Bath
1.33
1.38
1.35
1.31
2 Bed, 2 Bath
1.23
1.33
1.33
1.30
3 Bed
1.34
1.42
1.31
1.37
All
1.33
1.42
1.39
1.37
Englewood/Sheridan
Efficiency
1.76
1.77
2.75
2.90
1 Bed
1.41
1.46
1.56
1.49
2 Bed, 1 Bath
1.31
1.29
1.39
1.41
2 Bed, 2 Bath
1.28
1.36
1.34
1.30
3 Bed
1.19
1.28
1.33
1.40
All
1.36
1.40
1.48
1.44
Glendale
Efficiency
1.78
1.75
2.12
2.43
1 Bed
1.49
1.56
1.78
1.80
2 Bed, 1 Bath
1.30
1.31
1.50
1.58
2 Bed, 2 Bath
1.39
1.46
2.02
1.79
3 Bed
1.36
1.39
2.07
1.76
All
1.45
1.50
1.78
1.79
Littleton
Efficiency
1.53
1.45
1.60
1.62
1 Bed
1.53
1.55
1.61
1.58
2 Bed, 1 Bath
1.27
1.44
1.41
1.12
2 Bed, 2 Bath
1.39
1.45
1.54
1.52
3 Bed
1.35
1.60
1.48
1.38
All
1.46
1.51
1.57
1.53
Arapahoe County
Efficiency
1.79
1.81
1.94
2.00
1 Bed
1.42
1.49
1.52
1.51
2 Bed, 1 Bath
1.27
1.33
1.34
1.34
2 Bed, 2 Bath
1.29
1.35
1.36
1.35
3 Bed
1.32
1.35
1.32
1.35
All
1.36
1.42
1.44
1.44
Rents are based on units being unfurnished with tenants paying gas and electricity.
Average rents do not reflect "rental losses" from discounts and concessions.

Apartment Square Feet

1st

2nd

3rd

4th

1.64
1.51
1.40

1.66
1.58
1.37

1.51
1.61
1.41

2.59
1.50
1.60
1.43

1.60
1.46
1.40

1.71
1.60
1.46

2.17
1.63
1.60
1.43

2.03
1.74
1.52
1.38

1.55
1.21
1.20
1.18

1.55
1.33
1.32
1.27

1.66
1.33
1.35
1.37

1.71
1.36
1.34
1.37

1.74
1.42
1.46
1.30

1.83
1.51
1.52
1.28

1.79
1.48
1.38
1.16

1.81
1.50
1.40
1.17

1.78
1.33
1.27
1.23

1.95
1.38
1.32
1.25

2.17
1.44
1.33
1.25

2.23
1.44
1.30
1.31

1.63
1.41
1.25
1.30

1.65
1.45
1.32
1.29

1.73
1.53
1.36
1.35

1.73
1.47
1.37
1.32

2.01
1.44
1.27
1.26

1.97
1.52
1.38
1.35

1.58
1.53
1.41
1.28

1.58
1.46
1.41
1.29

1.72
1.37
1.42
1.23

1.82
1.43
1.45
1.29

2.59
1.49
1.54
1.32

3.61
1.45
1.47
1.32

1.79
1.49
1.41
1.32

1.75
1.56
1.45
1.39

1.68
1.71
1.85
2.02

1.78
1.92
1.67

1.84
1.53
1.48
1.39

1.56
1.55
1.48
1.48

1.60
1.61
1.59
1.47

1.69
1.54
1.61
1.46

1.79
1.42
1.34
1.30

1.81
1.48
1.42
1.35

1.98
1.51
1.43
1.35

1.94
1.49
1.43
1.35

Arapahoe Co-South
499 below
500 to 749
750 to 999
1000 above
Arapahoe Co-Southeast
499 below
500 to 749
750 to 999
1000 above
Aurora-Central Northeast
499 below
500 to 749
750 to 999
1000 above
Aurora-Central Northwest
499 below
500 to 749
750 to 999
1000 above
Aurora-Central Southeast
499 below
500 to 749
750 to 999
1000 above
Aurora- Central Southwest
499 below
500 to 749
750 to 999
1000 above
Aurora-South
499 below
500 to 749
750 to 999
1000 above
Englewood/Sheridan
499 below
500 to 749
750 to 999
1000 above
Glendale
499 below
500 to 749
750 to 999
1000 above
Littleton
499 below
500 to 749
750 to 999
1000 above
Arapahoe County
499 below
500 to 749
750 to 999
1000 above

Rents are based on units being unfurnished with tenants paying gas and
electricity.
Average rents do not reflect "rental losses" due to concessions and
discounts.

IV-13

Rental Losses by Size, Age


and Market Area for Arapahoe County

Economic Vacancy Rates by Size, Age


and Market Area for Arapahoe County

Includes Concessions and Discounts

Defined as Physcial Vacancy Plus Concessions and Discounts

Average Rent Minus Rental Losses Equals Effective Rent

as a Percentage of Gross Potential Rent

(In Percent)

(In Percent)

2015
Building Type

2015

Building

1st

2nd

3rd

4th

Up to 8

3.5

0.0

1.9

24.9

Up to 8

1st

2nd

3rd

4th

9 - 50

8.8

10.4

7.2

12.3

9 - 50

6.0

0.0

1.9

24.9

10.0

11.0

9.0

51 - 99

10.7

7.8

9.4

13.2

51 - 99

12.3

12.4

11.8

11.7

13.2

100 - 199

10.6

10.5

9.1

11.3

100 - 199

14.2

15.3

13.8

11.3

200 to 349

10.8

11.8

12.6

17.8

8.1

9.1

7.8

9.9

To 1959

-1.0

-1.0

24.0

35.5

To 1959

0.0

0.0

26.3

41.8

1960-69

10.5

26.9

15.4

13.6

1960-69

13.2

31.3

19.8

19.8

1970-79

8.0

8.8

11.0

8.2

1970-79

14.5

14.6

15.6

14.4

1980-89

11.7

7.6

9.4

4.8

1980-89

14.8

11.2

13.7

11.0
10.7

Size (in units)

Size

350 up

Type

200 to 349

16.9

18.0

19.8

17.8

350 up

12.5

13.3

12.3

9.9

Age (year built)

Age

1990-00

7.4

7.1

6.8

4.4

1990-00

12.6

11.0

12.2

2000-09

7.6

11.9

5.3

4.0

2000-09

10.7

15.2

9.5

10.2

2010 up

15.8

10.4

19.1

31.9

2010 up

44.7

37.8

43.7

38.1

Market Area
Arapahoe Co-South

7.4

5.4

4.0

8.4

Market Area
Arapahoe Co-South

11.9

8.5

8.8

14.9

Arapahoe Co-Southeast

6.9

10.7

3.1

3.4

Arapahoe Co-Southeast

12.4

16.2

7.8

9.9

Aurora-Central Northeast

10.8

12.5

7.5

8.6

Aurora-Central Northeast

14.4

14.7

12.7

13.2

Aurora-Central Northwest

9.1

13.8

12.0

9.7

Aurora-Central Northwest

15.3

19.6

16.7

17.0

Aurora-Central Southeast

9.7

10.9

11.7

7.2

Aurora-Central Southeast

12.9

16.4

16.7

14.1

Aurora- Central Southwest

13.0

12.5

11.5

6.1

Aurora- Central Southwest

17.6

15.8

16.2

12.1

Aurora-South

9.3

6.4

11.4

2.2

Aurora-South

13.1

11.2

15.1

7.9

Englewood/Sheridan

7.7

8.6

6.5

4.8

Englewood/Sheridan

11.1

13.3

10.9

8.0

Glendale

6.3

13.1

17.7

13.6

Glendale

12.1

19.6

43.3

41.5

Littleton

10.6

12.3

12.3

5.5

Littleton

23.7

21.6

19.7

15.2

Average

9.5

10.5

10.0

6.6

Average

14.4

15.4

15.5

13.9

IV-14

Average Rents for Arapahoe County


(in dollars)
Efficency
Market Area Totals
Arapahoe Co-South
Arapahoe Co-Southeast
Aurora-Central Northeast
Aurora-Central Northwest
Aurora-Central Southeast
Aurora- Central Southwest
Aurora-South
Englewood/Sheridan
Glendale
Littleton
Arapahoe County Average
Buildings with up to 6 Units
Arapahoe Co-South
Arapahoe Co-Southeast
Aurora-Central Northeast
Aurora-Central Northwest
Aurora-Central Southeast
Aurora- Central Southwest
Aurora-South
Englewood/Sheridan
Glendale
Littleton
Arapahoe County Average
Buildings with 7 to 36 Units
Arapahoe Co-South
Arapahoe Co-Southeast
Aurora-Central Northeast
Aurora-Central Northwest
Aurora-Central Southeast
Aurora- Central Southwest
Aurora-South
Englewood/Sheridan
Glendale
Littleton
Arapahoe County Average
Buildings with 37 and Above Units
Arapahoe Co-South
Arapahoe Co-Southeast
Aurora-Central Northeast
Aurora-Central Northwest
Aurora-Central Southeast
Aurora- Central Southwest
Aurora-South
Englewood/Sheridan
Glendale
Littleton
Arapahoe County Average
Buildings with 5 Stories and Above
Arapahoe Co-South
Arapahoe Co-Southeast
Aurora-Central Northeast
Aurora-Central Northwest
Aurora-Central Southeast
Aurora- Central Southwest
Aurora-South
Englewood/Sheridan
Glendale
Littleton
Arapahoe County Average

1141.46
999.87
731.88
911.74
912.50
732.40
1000.71
547.64
1413.25
629.67
914.09

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

769.00

947.50

1098.00
2455.00

942.83
2455.00

1925.00

1505.00

1445.00

1705.00

561.35

820.00
803.78

915.00
931.76

1153.79

1337.00

883.33
834.19

937.00

1133.00

1337.00

688.00

749.00

361.25
650.00
698.00
942.43

792.35
746.43
835.85
1071.86

868.75
793.75
969.05
1169.78

1200.00
1412.86

1812.28

1646.63

1141.46
999.87
735.09
911.74
912.50
732.40
1000.71
879.00
1431.00
575.00
798.27

1188.15
1288.18
927.22
929.31
988.57
996.75
1080.23
1140.64
1236.51
1183.46
1170.33

1281.70
1488.98
997.84
1195.90
1138.22
1162.14
1181.57
1325.25
1330.08
1248.00
1197.00

1569.74
1592.81
1280.85
1289.79
1211.73
1361.54
1365.71
1405.47
2030.19
1506.89
1625.56

1990.96
1815.51
1775.88
1564.87
1600.53
1861.48
1770.28
2002.00
2619.50
1911.89
2211.31

1671.00
2246.00

1102.00

1218.00
1562.50

1774.00
2037.50

3319.00
3200.00

675.00

895.92

1183.19

1550.00

1082.53
875.00
1364.00

2287.50
975.00

3300.00

575.00

IV-15

1863.25

1671.00
2246.00

All

1281.70
1475.92
997.84
1192.08
1138.22
1162.14
1181.57
1320.10
1320.15
1154.62
1167.67

1046.00

1990.96
1804.38
1775.88
1561.28
1621.37
1861.48
1770.28
1981.37
2619.50
1911.89
1810.50

Other

1188.15
1288.18
923.52
929.20
988.57
996.75
1080.23
1127.34
1233.28
1153.64
1069.55

1197.00

1569.74
1587.87
1280.85
1289.79
1211.73
1361.54
1365.71
1405.47
2030.19
1502.28
1412.23

3 Bed

1160.00
1948.57

1646.63

1378.41
1452.13
1053.64
1088.54
1104.20
1159.52
1273.22
1242.10
1495.99
1285.26
1229.09

1147.67
742.22

1160.00
1948.57

1575.00

696.81
754.17
863.26
1231.99

1378.41
1454.24
1057.19
1088.88
1103.54
1159.52
1273.22
1259.59
1500.86
1321.39
1357.78

1396.75
1758.66

1575.00

1210.34
1374.65
876.93
1304.85

Average Rent for Apartment Building/Community Features and Amenities in Arapahoe County
(In Dollars)
With Feature/Amenity
Feature/Amenity

Efficiency

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

Without Feature/Amenity
3 Bed

Efficiency

All

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

Difference
3 Bed

All

Outside Storage

1110.18

1117.76

1238.83

1421.27

1873.62

1279.38

741.32

1010.06

1103.04

1396.02

1725.87

1161.83

117.55

Patio or Balcony

980.45

1099.30

1181.63

1413.61

1810.74

1256.47

697.13

844.13

1044.13

1304.97

1445.00

896.33

360.14

Fireplace

944.43

1097.76

1206.78

1404.18

1808.03

1260.49

888.15

1001.99

1068.20

1456.09

1821.62

1132.03

128.47

1146.77

1219.71

1289.51

1529.90

1934.55

1387.87

797.10

920.56

1102.58

1229.14

1566.10

1056.15

331.72

950.55

1077.90

1183.93

1413.22

1811.29

1238.83

618.08

853.42

990.52

1334.96

1759.74

962.61

276.23

1031.75

1164.49

1268.99

1512.82

1907.38

1332.95

740.05

952.90

1098.94

1279.20

1676.63

1106.33

226.62

Exercise Room

944.65

1106.40

1197.77

1434.34

1825.88

1268.97

781.87

901.03

1095.73

1230.98

1556.02

1025.59

243.38

Sport Court

752.42

992.82

1144.57

1347.44

1730.41

1169.86

931.76

1103.47

1187.10

1441.20

1857.31

1257.65

-87.79

Microwave

1116.83

1167.49

1267.72

1491.90

1919.58

1337.22

763.85

927.61

1095.64

1249.12

1598.80

1067.57

269.65

Washer/Dryer Hookups

894.10

1099.52

1196.92

1391.63

1817.72

1251.75

926.30

1015.10

1121.07

1474.83

1795.06

1181.90

69.85

Garbage Disposal

931.04

1067.32

1167.67

1412.92

1812.42

1228.58

361.25

1200.20

1374.42

1669.00

1262.48

-33.91

Dishwasher

984.54

1091.21

1192.75

1411.45

1808.56

1252.49

752.03

900.71

985.51

1445.33

1924.04

968.07

284.42

Air Conditioning

940.31

1068.15

1168.59

1412.92

1812.42

1229.66

548.44

1139.03

947.22

1374.42

1669.00

1197.22

32.43

Ceiling Fan

1000.02

1091.01

1181.38

1442.05

1829.90

1256.77

726.48

1011.81

1135.25

1336.36

1716.01

1155.50

101.26

Attached Garage

1190.89

1293.31

1449.95

1643.44

2040.50

1497.64

846.97

1014.26

1144.00

1329.22

1711.39

1157.09

340.56

Covered Parking

1009.52

1109.07

1221.36

1408.81

1851.99

1266.34

747.58

1026.11

1119.76

1417.31

1751.24

1184.10

82.24

Clubhouse

1034.82

1118.50

1219.14

1440.86

1826.50

1283.89

716.42

916.23

1089.25

1250.71

1690.98

1042.19

241.70

Business Center

1023.76

1149.16

1251.26

1473.72

1881.01

1315.59

722.73

957.68

1097.28

1287.73

1678.84

1098.34

217.25

950.55

1073.98

1181.57

1417.17

1814.37

1237.13

618.08

958.00

1010.09

1245.82

1592.38

1037.75

199.38

Resident Pays Sewer/Water

1032.49

1106.98

1211.31

1441.78

1846.10

1274.49

670.57

924.32

1045.62

1221.83

1562.27

1031.63

242.86

Unit Security/Alarm System

1055.00

1118.05

1279.13

1428.87

1784.29

1301.41

907.51

1057.23

1148.38

1406.71

1822.34

1209.28

92.13

Handicapped Access

1033.11

1125.70

1203.93

1460.22

1875.46

1291.45

742.06

976.67

1132.19

1320.87

1642.63

1126.03

165.42

Heat Included in Rent

793.20

989.13

1127.16

1272.70

1548.38

1065.91

942.38

1075.93

1169.21

1416.83

1822.45

1238.65

-172.74

Nine-Foot Ceilings
Swimming Pool
Spa or Sauna

Pets Allowed

IV-16

Apartment Unit Absorption by Quarter and Year for Arapahoe County

2012

2013

2014

2015

Units to Start Quarter/Year


Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year

First
60415
0
60415
6.3%
56628
3787
382
60451
0
60451
4.1%
57947
2504
542
60592
174
60766
4.5%
58060
2706
594
61686
0
61686
4.9%
58669
3017
0

Second
60415
0
60415
5.5%
57062
3353
434
60451
86
60537
4.5%
57797
2740
-151
60766
66
60832
4.6%
58009
2823
-52
61686
222
61908
4.9%
58880
3028
211

Third
60415
0
60415
4.8%
57514
2901
452
60537
0
60537
4.8%
57655
2882
-141
60832
548
61380
4.6%
58571
2809
562
61908
206
62114
5.3%
58799
3315
-81

Fourth
60415
36
60451
5.0%
57405
3046
-109
60537
55
60592
5.2%
57466
3126
-189
61380
306
61686
4.9%
58669
3017
98
62114
235
62349
6.2%
58472
3877
-328

Due to rounding of the vacancy rate, numbers may not always add exactly.
Quarterly absorption totals will not equal year-end total because absorption is the change from time period to time period.
Comparisons should be made using comparable time periods, quarter to quarter or year-end to year-end.

Estimate of New Apartments by Quarter for Arapahoe County


Beginning
Inventory
2008 1st
2nd
3rd
4th
2009 1st
2nd
3rd
4th
2010 1st
2nd
3rd
4th
2011 1st
2nd
3rd
4th
2012 1st
2nd
3rd
4th
2013 1st
2nd
3rd
4th
2014 1st
2nd
3rd
4th
2015 1st
2nd
3rd
4th

Units Added

58299
58379
58379
59275
59275
59275
59359
59795
59275
59961
59961
59961
59961
59961
59961
60415
60415
60415
60415
60415
60451
60451
60537
60537
60592
60766
60832
61380
61686
61686
61908
62114

IV-17

80
20
876
0
0
84
436
0
166
0
0
0
0
0
454
0
0
0
0
36
0
86
0
55
174
66
548
306
0
222
206
235

Ending
Inventory
58379
58399
59275
59275
59275
59359
59795
59795
59961
59961
59961
59961
59961
59961
60415
60415
60415
60415
60415
60451
60451
60537
60537
60592
60766
60832
61380
61686
61686
61908
62114
62349

Year-End
60415
36
60451
5.0%
57405
3046
777
60451
141
60592
5.2%
57466
3126
61
60592
1094
61686
4.9%
58669
3017
1203
61686
663
62349
6.2%
58472
3877
-197

Monthly Resident Turnover


By Size, Age of Building, and Market Area
for Arapahoe County
(In Percent)

2015
Building Type

1st

2nd

3rd

4th

0.0

0.0

5.0

0.0

Size
Up to 8
9 - 50

1.4

4.0

4.9

3.0

51-99

2.5

5.7

2.7

4.8

100 - 199

3.5

4.7

5.3

2.6

200 to 349

3.3

5.3

5.4

3.7

350 up

3.6

5.7

6.0

4.7

2.0

2.5

4.5

2.5

Age
To 1959
1960-69

2.2

4.5

4.0

3.3

1970-79

4.0

5.3

5.6

3.7

1980-89

3.3

6.5

6.0

4.1

1990-99

3.1

5.2

5.8

4.0

2000-09

3.7

5.6

6.3

5.0

2010 up

3.2

3.5

2.7

2.8

Market Area
Arapahoe Co-South

3.9

5.1

5.0

3.4

Arapahoe Co-Southeast

2.9

5.2

6.9

4.7

Aurora-Central Northeast

3.5

4.5

4.4

3.0

Aurora-Central Northwest

3.7

5.6

5.4

4.0

Aurora-Central Southeast

3.4

6.9

5.9

4.3

Aurora- Central Southwest

3.1

4.5

6.2

4.2

Aurora-South

3.5

5.4

5.4

4.9

Englewood/Sheridan

3.5

6.4

5.9

3.7

Glendale

4.2

5.9

4.6

2.6

Littleton

2.9

4.4

5.0

3.2

County Average

3.4

5.4

5.6

4.1

Resident turnover is for respective months of February, May, August and


November.

IV-18

Vacancy Rates During the Current Quarter


Arapahoe County

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900

Two Bedroom

Two Bedroom

Efficiencies

One Bedroom

One Bathroom

Two Bathroom

Three Bedroom

Total

Total

Total

Total

Total

Vacant

2
2

Percent Vacant

0.0%

2
3
2
8

0.0%
33.3%
0.0%
0.0%

25

Total

Total
Percent Vacant

Total

Percent

2
3
2
8

0.0%
33.3%
0.0%
0.0%

0.0%

25

0.0%

1
5
22
48
86

0.0%
0.0%
0.0%
4.2%
2.3%

3
1
21

0.0%
100.0%
0.0%

101

4.0%

41
14
4
2
10
69
3
33
25
170
41
48
37
7
64
62
37
97
42
101
75
64
80
53
60
48
58
44
26
54
46
46
9
28
80
29
7
20
20
144
7
29
27
5
33

1
5
28
353
301
151
68
190
1558
569
1230
527
2339
625
1213
997
162
1277
1180
557
1404
1332
1981
1503
974
1621
1250
686
929
823
733
510
495
801
719
163
684
1096
477
158
324
326
517
113
274
182
95
191

0.0%
0.0%
0.0%
11.6%
4.7%
2.6%
2.9%
5.3%
4.4%
0.5%
2.7%
4.7%
7.3%
6.6%
4.0%
3.7%
4.3%
5.0%
5.3%
6.6%
6.9%
3.2%
5.1%
5.0%
6.6%
4.9%
4.2%
8.7%
5.2%
7.0%
6.0%
5.1%
10.9%
5.7%
6.4%
5.5%
4.1%
7.3%
6.1%
4.4%
6.2%
6.1%
27.9%
6.2%
10.6%
14.8%
5.3%
17.3%

21
17

67
256

31.3%
6.6%

60

3.3%

20

10.0%

31

43

3.6%

35.5%

39
12
4
2
9
68
3
33
21
162
8
29
32
6
52
20
13
86
14
56
57
15
26
23
14
10
2
1
7

6
305
213
151
62
186
1496
568
1229
420
2243
214
531
822
130
873
318
207
832
449
1176
1211
364
725
365
136
160
14
24
96

0.0%
12.8%
5.6%
2.6%
3.2%
4.8%
4.5%
0.5%
2.7%
5.0%
7.2%
3.7%
5.5%
3.9%
4.6%
6.0%
6.3%
6.3%
10.3%
3.1%
4.8%
4.7%
4.1%
3.6%
6.3%
10.3%
6.3%
14.3%
4.2%
7.3%

74.4%
9
13

35

258
179

470

3.5%
7.3%

0.0%

3
3
41
1
1
6
96
331
682
36
7
133
329
320
187
121
300
135
265
327
99
231
84
127
82
16
78

0.0%
0.0%
2.4%
0.0%
0.0%
0.0%
8.3%
9.1%
2.8%
5.6%
14.3%
6.8%
5.5%
6.9%
2.7%
3.3%
7.0%
3.0%
14.3%
4.9%
1.0%
3.9%
2.4%
0.8%
3.7%
0.0%
3.8%

4
3
3

78
43
48

5.1%
7.0%
6.3%

19

0.0%

51

9.8%

8
30
19
2
1
9
18
22
5
4
21
4
38
16
1
9
2
1
3

113

1.8%

113

167

67.7%

538

11.0%

996

16716

23

60.9%

0.0%

6.0%

246

4305

80

3.8%

6
24
24
14
11
27
29
37
36
55
40
12
19
37
29
4
22
44
13
2
3
13
31
3
28
26
3
28

84
25
211
532
10
385
742
505
157
345
538
786
319
679
650
626
268
373
543
462
86
572
620
299
82
84
156
338
74
238
134
83
131

1.2%
0.0%
0.5%
4.5%
0.0%
1.6%
3.2%
4.8%
8.9%
3.2%
5.0%
3.7%
11.6%
5.3%
8.5%
6.4%
4.5%
5.1%
6.8%
6.3%
4.7%
3.8%
7.1%
4.3%
2.4%
3.6%
8.3%
9.2%
4.1%
11.8%
19.4%
3.6%
21.4%

1
12

20
144

5.0%
8.3%

20

5.0%

1
24

7.4%

14

59

Other

Percent Vacant

$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Percent Vacant

0.0%

55

32

Percent Vacant

11

Percent Vacant

21
70
754

5.7%

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

IV-19

62
363
11826

33.9%
19.3%
6.4%

0.0%

0.0%

1
130
1

0.0%
5.4%
0.0%

2
3

34
64

5.9%
4.7%

16
5
10
6
4
1
1
2
5

159
76
76
116
12
39
36
48
12
60

10.1%
6.6%
13.2%
5.2%
0.0%
10.3%
2.8%
2.1%
16.7%
8.3%

6
5

24
112

25.0%
4.5%

20

0.0%

32

0.0%

16.7%

54

1.9%

13

7.7%

36

5.6%

63
38
146
224
1491

12.7%
0.0%
11.0%
10.3%
8.1%

8
1
37
93
2179

63
58
208
618
35039

12.7%
1.7%
17.8%
15.0%
6.2%

16
23
121

20

5.0%

31
163

0.0%
1.8%

Vacancy Rates During the Current Quarter


Arapahoe County South

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

1
2

11

36
20

31

Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

Percent Vacant

Total

Other

Percent Vacant

Total

Total
Percent Vacant

88

2.3%

128

3.1%

128

3.1%

24

0.0%

24

0.0%

0.0%

0.0%

54

3.7%

1
2
2

36
54
20

2.8%
3.7%
10.0%

3
4
6

42
158
124

7.1%
2.5%
4.8%

3
4
6

42
158
124

7.1%
2.5%
4.8%

230

3.9%

20

301

6.6%

54

0.0%

10.0%

211

40

0.0%

54

0.0%

48

176

5.1%

176

5.1%

102
48

4.9%
0.0%

102
48

4.9%
0.0%

86

4.7%

119

2.5%

4
3
20
3

86
48
211
119

4.7%
6.3%
9.5%
2.5%

13

156

8.3%

14

210

6.7%

54

7.4%

54

7.4%

6.3%

9.5%

21
16.1%

Percent

2.3%

2.8%

35.5%

Total

88

87

Total

20

14

Three Bedroom

Percent Vacant

50

1035

4.8%

174

1.7%

59

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

IV-20

62
803

54

1.9%

22

13.6%

22

13.6%

36

16.7%

36

16.7%

21
9

48
106

0.0%
8.5%

62
48
2259

33.9%
0.0%
6.0%

33.9%
7.3%

54

1.9%

136

Vacancy Rates During the Current Quarter


Arapahoe County Southeast

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

Total

Percent Vacant

Other
Total

Total
Percent Vacant

Total

10

112

8.9%

11
19
21
8
7
12

146
4
346
311
125
280
133

7.5%
0.0%
5.5%
6.8%
6.4%
2.5%
9.0%

100.0%

0.0%

38

0.0%

10

112

8.9%

11

6.6%
0.0%
5.5%
6.7%
6.4%
2.5%
9.0%
8.3%
2.1%
14.3%
5.6%
4.9%
12.5%
7.6%
6.3%
0.0%
8.5%
6.0%
5.4%

0.0%

1
2
1
7

41
14
24
96

2.4%
14.3%
4.2%
7.3%

126

24

30
16
24

259

168

3.0%

278
2

7.6%
0.0%

130
469
74

8.5%
6.2%
6.8%

11
44
5

163
24
218
15

7.4%
8.3%
11.0%
20.0%

6.7%
0.0%
12.5%

122

2017

6.0%

12

6.7%

19

0.0%

11
29
5

51

9.8%

84

3.6%

24

218

11.0%

1
12
1

2.6%

119

169

0.0%

64

7.8%

0.0%

5.8%

0.0%

8.3%

6.3%
1

15

5
21

19
29
8
7
12
2
1
2
3
17
3
21
8

166
4
346
430
125
280
133
24
47
14
54
344
24
278
128
1
130
728
93

20

7.1%

Percent

0.0%

39

Total

Three Bedroom

Percent Vacant

100.0%

38

Percent Vacant

4
124

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

IV-21

20
144
20

115
1861

5.0%
8.3%
5.0%

3.5%
6.7%

4
2

28
24

14.3%
8.3%

15

20.0%

12
2
24
3

30

6.7%

30

6.7%

24

25.0%

7
12
1

44
144
20

15.9%
8.3%
5.0%

38

0.0%

38

0.0%

29
258

13.8%
10.1%

145
4345

5.5%
6.6%

4
26

1
1

0.0%
0.0%

8
285

Vacancy Rates During the Current Quarter


Aurora Central Northeast

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

Percent Vacant

0.0%

41

4.9%

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

12

174

6.9%

27

264
201

10.2%
0.0%

14

198

7.1%

Total

29
1
7

177

Percent Vacant

Total

65

1157

36

Total

Percent

0.0%

14

215

6.5%

10.2%
0.0%

247
240

11.7%
0.4%

14
29
1
7

198
247
240
177
1

7.1%
11.7%
0.4%
4.0%
0.0%

14
6

290
58

4.8%
10.3%

143

3.5%

11

140

7.9%

0.0%

106

4.7%

58

0.0%

290

4.8%

10.3%

3.5%

5.6%

Total
Percent Vacant

265
201

555

140

7.9%

0.0%

4.5%

Total

27

44

Other

0.0%

11

Percent Vacant

14

143

Total

4.0%

Three Bedroom

Percent Vacant

6.5%

30

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

IV-22

106

537

4.7%

5.6%

72

5.6%

72

5.6%

1
5

30
102

3.3%
4.9%

1
138

30
2395

3.3%
5.8%

Vacancy Rates During the Current Quarter


Aurora Central Northwest

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

Percent Vacant

0.0%

18

0.0%

17

11.8%

27
3
2
9
25
4
22
7

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

0.0%

342
85
180
158
301
45
202
51

7.9%
3.5%
1.1%
5.7%
8.3%
8.9%
10.9%
13.7%

Total

Percent Vacant

0.0%

1
34

0.0%
5.9%

Total

Three Bedroom

Percent Vacant

Total

38

5.3%

23

4.3%

30

6.7%

102

1418

7.2%

48

8.3%

35

18
156

0.0%
22.4%

41

260

Total

Total
Percent Vacant

Total

15.8%

Percent

1
3

0.0%
0.0%

360
85
180
158
304
45
203
102

7.5%
3.5%
1.1%
5.7%
8.2%
8.9%
10.8%
10.8%

0.0%

48

8.3%

6
36
25
5
2

52
179
306
268
30

11.5%
20.1%
8.2%
1.9%
6.7%

27
3
2
9
25
4
22
11

1
4

Other

Percent Vacant

0.0%

34

17.6%

25
5

306
268

8.2%
1.9%

49

16.3%

49

16.3%

60

6.7%

60

6.7%

48

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

IV-23

717

6.7%

34

5.9%

34

5.9%

12

95

12.6%

12

95

12.6%

14

130

10.8%

207

2563

8.1%

Vacancy Rates During the Current Quarter


Aurora Central Southeast

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

95

Percent Vacant

4.2%

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

5
1
57

204
120
96
72
692

0.0%
0.0%
5.2%
1.4%
8.2%

72
80

0.0%
7.5%

4
11
9

72
192
144

5.6%
5.7%
6.3%

Total

10

112

8.9%

84

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

103

1856

5.5%

24

0.0%

22

206

10.7%

68

5.9%

1
1

96
16

1.0%
6.3%

29

494

Total
Percent Vacant

5.9%

Total

Percent

5
5
57
1

204
120
96
167
692
84

0.0%
0.0%
5.2%
3.0%
8.2%
1.2%

1
6
1
28
33
9
2
19

156
80
120
566
407
144
172
236

0.6%
7.5%
0.8%
4.9%
8.1%
6.3%
1.2%
8.1%

84

1.2%

1
24

96
494
9

1.0%
4.9%
0.0%

2
15

152
168

1.3%
8.9%

76

5.3%

15
1

284
16

5.3%
6.3%

23
24

212
245

10.8%
9.8%

23
24

212
245
12

10.8%
9.8%
0.0%

68

4.4%

48

10.4%

20

0.0%

2
4151

0.0%
5.7%

20

68

97

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

IV-24

1604

0.0%

0.0%

4.4%

4.2%

Total

95

Other

1.2%

12

Percent Vacant

6.0%

48

10.4%

20

0.0%

2
82

0.0%
6.1%

20

0.0%

238

Vacancy Rates During the Current Quarter


Aurora Central Southwest

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

28
45

Percent Vacant

7.1%
0.0%

37

9
12
21
9
10

4
23
17
2
40
6
5
6

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

215

17.2%

1
3
180
320
5
657
178
404
61
86
209
8
609
271
15
374
3
136
108
216

0.0%
0.0%
5.0%
3.8%
0.0%
3.2%
5.1%
2.5%
0.0%
0.0%
1.9%
0.0%
3.8%
6.3%
13.3%
10.7%
0.0%
4.4%
4.6%
2.8%

Total

67

11.9%

12

187
2
6
109
72
84
47
91
25
33
5
235
3
3
8
118

6.4%
0.0%
0.0%
8.3%
1.4%
0.0%
0.0%
4.4%
0.0%
3.0%
0.0%
5.5%
0.0%
0.0%
0.0%
0.8%

9
1

4
1

54

73

2.7%

206

4112

Three Bedroom

Percent Vacant

Total

Percent Vacant

Total

Total
Percent Vacant

Total

0.0%

49

1149

4.3%

Percent

1
16
4
5

243
45
1
3
180
320
5
657
178
471
61
273
211
38
725
343
100
503
298
418
145
275
443
248
7
431
455
4
8
385
81
53

16.0%
0.0%
0.0%
0.0%
5.0%
3.8%
0.0%
3.2%
5.1%
3.8%
0.0%
4.4%
1.9%
0.0%
4.4%
5.2%
2.0%
9.1%
3.4%
1.7%
4.1%
2.9%
3.4%
4.4%
0.0%
6.3%
4.2%
0.0%
12.5%
4.2%
4.9%
9.4%

21
9
18
12
4
24
7

0.0%
0.0%

1
16
4

1
82
204
257
4
54
208
245
4
423
337
3
8
331
81

0.0%
7.3%
2.9%
0.4%
0.0%
3.7%
1.0%
4.5%
0.0%
6.4%
5.3%
0.0%
12.5%
4.8%
4.9%

232

2.6%

232

2.6%

82

2.4%

82

2.4%

13
22

108
80

12.0%
27.5%

6
6
1
2
2
11
27
18

32
18
2
46
10
7
6
8
15
11
27
19
1

0.0%

9.4%

5.0%

Other

9
12

53

Total

39

13

Percent Vacant

137

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

IV-25

2775

4.9%

12

0.0%

12

0.0%

1
1
2

36
48
12

2.8%
2.1%
16.7%

14
23
2

144
128
12

9.7%
18.0%
16.7%

24

8.3%

24

8.3%

5
11

11
51
195

0.0%
9.8%
5.6%

5
405

11
51
8304

0.0%
9.8%
4.9%

Vacancy Rates During the Current Quarter


Aurora South

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

24

Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

Other

Percent Vacant

Total

4.2%

0.0%

24

0.0%

0.0%

211

1.9%

211

1.9%

208

3.4%

208

3.4%

1
11

57
241
42
152
36

1.8%
4.6%
0.0%
12.5%
11.1%

1
11

57
241
42
176
274

1.8%
4.6%
0.0%
11.4%
7.3%

187

0.0%

3
6
8
6

354
298
283
76
317
31
120
52
218
92

4.8%
5.0%
2.8%
3.9%
3.2%
0.0%
2.5%
11.5%
3.7%
6.5%

23

286

8.0%

64
6
64

4.7%
16.7%
6.3%

19
4

326
214

4.9%
5.6%

16

1
3
3

120

238

28
84
52
52

20
20

6.7%
187

0.0%

1
6
7
6

231
24
197
31
56
52
202
92

3.5%
0.0%
4.6%
0.0%
1.8%
11.5%
3.5%
6.5%

23

286

8.0%

3.6%
3.6%
0.0%
5.8%

0.8%

9
2

64

3.1%

16

6.3%

17
15
8
3
10

64

4.7%

64

6.3%

3
1
4

48

12.5%

48

12.5%

24

4.2%

7
1

120
24

5.8%
4.2%

3
1

88
13

3.4%
7.7%

3
1

88
13

3.4%
7.7%

15

95

15.8%

1
15

33

396

8.3%

20
95
30
4123

5.0%
15.8%
0.0%
4.9%

3.6%

Percent

24

28

Total

0.0%

16
12

Total
Percent Vacant

75

1631

4.6%

26

534

4.9%

67

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

IV-26

120

1478

16.7%

5.8%

4.5%

20

5.0%

30
56

0.0%
3.6%

204

Vacancy Rates During the Current Quarter


Englewood/Sheridan

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

Percent Vacant

0.0%

2
3
2
8

0.0%
33.3%
0.0%
0.0%

0.0%

0.0%

Two Bedroom
Two Bathroom

Percent Vacant

Total

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

35
15
51

0.0%
0.0%
3.9%

11

0.0%

45

0.0%

54

3.7%

11
11
6

400
210
282

2
3
16

14

0.0%
0.0%
6.3%

4.0%

Total

Total
Percent Vacant

Total

0.0%

2
3
2
8

0.0%
33.3%
0.0%
0.0%

35
15
53
3
30

0.0%
0.0%
3.8%
0.0%
3.3%

45
6

0.0%
0.0%

54
14

3.7%
7.1%

38

0.0%

11
19
6

400
281
282

2.8%
6.8%
2.1%

6
8

134
200

4.5%
4.0%

36

0.0%

2
1

7.1%

134

38

0.0%

71

11.3%

200

4.0%

4.5%

36

0.0%

78
2

5.1%
0.0%

32

0.0%

1106

2.9%

12

285

4.2%

0.0%

106

2.8%

210

2.4%

24

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

IV-27

625

3.8%

26
27

0.0%
0.0%

Percent

1
4

25

Other

2.8%
5.2%
2.1%

Percent Vacant

2
3

Two Bedroom
One Bathroom

69

0.0%

184
2
210

3.8%
0.0%
2.4%

0.0%

26
2068

0.0%
3.3%

Vacancy Rates During the Current Quarter


Glendale

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

Percent Vacant

43

Two Bedroom
Two Bathroom

Percent Vacant

Total

Percent Vacant

0.0%

2
3

0.0%
0.0%

Total

Percent Vacant

Other
Total

Total
Percent Vacant

Total

0.0%

0.0%

0.0%

0.0%

0.0%

4
3
1

0.0%
0.0%
0.0%

39

2.6%

1
39

0.0%
2.6%

49

440

11.1%

49

440

11.1%

66

4.5%

66

4.5%

106

16

6.3%

16

6.3%

10

121

8.3%

10

121

8.3%

12
12

0.0%

106
12

11.3%
0.0%

32
5

43
122

74.4%
4.1%

40

7.5%

113

1.8%

113
3
15

167
74
130

67.7%
4.1%
11.5%

14

23

60.9%

1
79
343

32
286
1842

3.1%
27.6%
18.6%

11.3%

74.4%
122

4.1%

113

1.8%

113

167

67.7%

40

7.5%

3
15

14

72.7%

Percent

44

Three Bedroom

Percent Vacant

32

Total

0.0%

12

32

Two Bedroom
One Bathroom

185

1060

17.5%

28

23

216

74
130

4.1%
11.5%

60.9%

66
84

13.0%

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

IV-28

248
452

26.6%
18.6%

1
13
14

32
38
70

3.1%
34.2%
20.0%

Vacancy Rates During the Current Quarter


Littleton

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Efficiencies

One Bedroom

Total

Total

Percent Vacant

25

0.0%

1
19

0.0%
0.0%

Two Bedroom
Two Bathroom

Percent Vacant

4
2
2
3
8
6
32
157
1
12

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
6.3%
0.0%
0.0%
16.7%

30

6.7%

Two Bedroom
One Bathroom
Total

168

15.5%

172

4.1%

Total

1
6
14

Percent Vacant

Other
Total

Total
Percent Vacant

Total

100.0%

0.0%

80

52

3.8%

0.0%

1
23
2
2
3
8
6
32
157
2
18
14
110

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
6.3%
0.0%
0.0%
11.1%
0.0%
4.5%

100.0%

0.0%

26

168

15.5%

7
3

9
172
52

0.0%
4.1%
5.8%

0.0%

5.8%

26
9

119

7.6%

26
9

144
119

18.1%
7.6%

136

2.9%

136

2.9%

15

151

9.9%

52

852

6.1%

77

5.2%

144

18.1%

Percent

25

0.0%

Total

0.0%
0.0%
0.0%
3

45

Three Bedroom

Percent Vacant

26

Percent Vacant

15

151

9.9%

3
28

83
131

3.6%
21.4%

75

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

IV-29

598

12.5%

0.0%

3
28

83
139

3.6%
20.1%

27

7.4%

27

7.4%

35

5.7%

133

1607

8.3%

DEFINITION OF ARAPAHOE COUNTY MARKET AREAS AND CENSUS TRACTS

Market Area Boundaries:


Arapahoe County
South

North: City of Englewood and City and County of Denver; East: I-25,
South: Douglas County: West: City of Englewood and City of Littleton

Arapahoe County
Southeast

North: Arapahoe County Line; East: Havana/Parker Road; South:


Douglas County; West: I-25

Aurora-Central-NE

North: Colfax; East: Arapahoe County; South: Alameda; West: I-225

Aurora-Central-NW

North: Colfax; East: I-225; South: Alameda; West: City and County of
Denver line

Aurora-Central-SE

North: Alameda; East: Arapahoe County; South: Iliff; West: I-225

Aurora-Central-SW

North: Alameda; East: I-225; South: Iliff; West: City and County of
Denver line

Aurora - South

North: Iliff; East and South: Arapahoe County; West: Havana/Parker


Road

Englewood, Sheridan

All of the City of Englewood and City of Sheridan

Glendale

All of the City of Glendale

Littleton

All of City of Littleton

Census Tracts:
Arapahoe CountySouth

56.09, 56.10, 56.11, 56.12, 56.13, 56.14, 56.15, 56.16, 67.02, 67.04,
67.05, 67.06, 67.08, 67.09

Aurora-Central-NE

70.07, 70.08, 70.40, 70.43

Aurora-Central-NW

72.00, 73.00, 74.00, 75.00, 76.00, 77.02, 77.03, 77.04

Aurora-Central-SE

70.32, 70.38, 70.39, 70.41, 70.42, 70.44, 70.45, 70.46, 70.44, 70.45

Aurora-Central-SW

68.13, 70.03, 70.12, 70.15, 70.16, 70.17, 70.18, 70.19, 70.20, 70.21,
70.41, 70.46

Aurora - South

68.06, 68.07, 68.08, 68.54, 70.27, 70.28, 70.33, 70.34, 70.35, 70.47,
70.48, 70.49, 70.50, 70.51, 70.52, 70.53 70.55, 70.56, 70.57, 70.58,
70.59

Englewood, Sheridan

Englewood - 54.03, 55.51 (pt), 55.53 (pt), 56.12, (pt) 57, 58, 58.89,
59.50 (pt), 59.89 (pt), 60 (pt), 61 (pt), 62 (pt), 63 (pt), 64 (pt), 66.01 (pt)
Sheridan - 55.51 (pt), 55.52, 55.53 (pt), 57 (pt), 60 (pt), 62 (pt)

Littleton

55.53 (pt), 56.08 (pt), 56.09 (pt), 56.10 (pt), 56.11 (pt), 56.12 (pt), 56.18
(pt), 56.19 (pt), 56.20 (pt), 56.89 (pt), 64 (pt), 65.01 (pt), 65.01 (pt),
65.02 (pt), 66.01 (pt), 66.04, 66.98

Section V - Boulder/Broomfield Counties


Table of Contents
Graphs
Vacancy Rate by Quarter
Average Rent by Quarter
Vacancy Rate by Market Area by Quarter
Average Rent by Market Area by Apartment Type
Vacancy Rate by Age of Building
Vacancy Rate by Size of Building
Rent per Square Foot by Apartment Type
Rent per Square Foot by Apartment Unit Size
Estimate of Total Apartments by Year
New Apartment Units Added by Year
Vacancy Rates by Market Area by Apartment Type
Vacancy Rate by Apartment Type by Quarter
Median Rent by Apartment Type by Quarter
Average Rent by Size of Building by Quarter

V-1
V-1
V-2
V-2
V-3
V-3
V-4
V-4
V-5
V-5
V-6
V-6
V-7
V-7

Tables
Vacancy Rates by Market Area
Vacancy Rates by Size of Building by Market Area
Vacancy Rates by Size of Apartment Unit by Market Area
Vacancy Rates by Age of Building by Market Area
Vacancy Rates by Apartment Type by Market Area

V-8
V-9
V-9
V-10
V-10

Average Rents by Apartment Type by Market Area


Average Rents by Age of Building by Market Area
Average Rents by Size of Building by Market Area
Median Rents by Apartment Type by Market Area

V-11
V-11
V-12
V-12

Average Rent per Square Foot by Apartment Type by Market Area


Average Rent per Square Foot by Apartment Unit Size by Market Area

V-13
V-13

Rental Losses by Size, Age and Market Area


Economic Vacancy Rates by Size, Age and Market Area

V-14
V-14

Average Rents for Boulder/Broomfield County


Average Rent for Apartment Building/Community Features and Amenities

V-15
V-16

Apartment Unit Absorption by Quarter and Year


Estimate of New Apartments by Quarter
Monthly Resident Turnover by Size, Age and Market Area

V-17
V-17
V-18

Vacancy Rates During the Current Quarter - Boulder/Broomfield Counties Cumulative Totals
Vacancy Rates During the Current Quarter - Boulder - Other
Vacancy Rates During the Current Quarter - Broomfield
Vacancy Rates During the Current Quarter - Boulder - Except University
Vacancy Rates During the Current Quarter - Boulder - University
Vacancy Rates During the Current Quarter - Longmont

V-19
V-20
V-21
V-22
V-23
V-24

Market Area Descriptions and Census Tracts

V-25

725.00

V-1

Quarter

1525.00

1425.00

1325.00

1225.00

1125.00

1025.00

925.00

825.00
14 Q3

14 Q1

13 Q3

13 Q1

12 Q3

12 Q1

11 Q3

11 Q1

10 Q3

10 Q1

09 Q3

09 Q1

08 Q3

08 Q1

07 Q3

07 Q1

06 Q3

06 Q1

05 Q3

05 Q1

04 Q3

04 Q1

03 Q3

03 Q1

02 Q3

02 Q1

01 Q3

01 Q1

00 Q3

00 Q1

99 Q3

99 Q1

98 Q3

98 Q1

97 Q3

97 Q1

15 Q3

1625.00
15 Q1

Average Rent by Quarter


for Boulder/Broomfield Counties

15 Q3

Quarter

15 Q1

14 Q3

14 Q1

13 Q3

13 Q1

12 Q3

12 Q1

11 Q3

11 Q1

10 Q3

10 Q1

09 Q3

09 Q1

08 Q3

08 Q1

07 Q3

07 Q1

06 Q3

06 Q1

05 Q3

05 Q1

04 Q3

04 Q1

03 Q3

03 Q1

02 Q3

02 Q1

01 Q3

01 Q1

00 Q3

00 Q1

99 Q3

99 Q1

98 Q3

96 Q3

96 Q1

0.0

98 Q1

Rent (in dollars)

Percent Vacant

Vacancy Rate by Quarter


for Boulder/Broomfield Counties

14.0

12.0

10.0

8.0

6.0

4.0

2.0

Vacancy Rate by Market Area by Quarter


for Boulder/Broomfield Counties
16.0
15 Q1

Percent Vacant

14.0

15 Q2
15 Q3

12.0

15 Q4

10.0
8.0
6.0
4.0
2.0
0.0
Boulder - Other

Broomfield

Boulder - Except Boulder - Univ. Area


Univ.

Longmont

Boulder/Broomfield
Counties Average

Market Area

Average Rent by Market Area by Apartment Type


for Boulder/Broomfield Counties
3000

Efficiency
2 Bed, 1 Bath
3 Bed

Rent (in dollars)

2500

1 Bed
2 Bed, 2 Bath
All

2000

1500

1000

500

Boulder - Other

Broomfield

Boulder - Except
Univ.

Boulder - Univ. Area

Market Area
V-2

Longmont

Boulder/Broomfield
Counties Average

Vacancy Rate by Age of Building


for Boulder/Broomfield Counties
25
15 Q1
15 Q2
20

15 Q3

Percent Vacant

15 Q4
15

10

0
To 1939

1940-49

1950-59

1960-69

1970-79

1980-89

1990-99

2000-09

2010 up

Year Built

Vacancy Rate by Size of Building


for Boulder/Broomfield Counties
12
15 Q1
15 Q2
10

15 Q3

Percent Vacant

15 Q4
8

0
Up to 8

9 to 50

51 to 99

100 to 199

Number of Units in Building

V-3

200 to 349

350 up

Rent per Square Foot by Apartment Type


for Boulder/Broomfield Counties
3

Rent per Square Foot (in dollars)

15 Q1
15 Q2

2.5

15 Q3
15 Q4
2

1.5

0.5

0
Efficiency

One Bedroom

Two Bed, One


Bath

Two Bed, Two


Bath

Three Bed

Average

Apartment Type

Rent per Square Foot by Apartment Unit Size


for Boulder/Broomfield Counties
2.5

Rent per Square Foot (in dollars)

15 Q1
15 Q2
2

15 Q3
15 Q4

1.5

0.5

0
499 below

500 to 749

750 to 999

Apartment Unit Size (in square feet)

V-4

1000 above

800

0
96 Q1
96 Q2
96 Q3
96 Q4
97 Q1
97 Q2
97 Q3
97 Q4
98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1
14 Q2
14 Q3
14 Q4
15 Q1
15 Q2
15 Q3
15 Q4

25000

96 Q1
96 Q2
96 Q3
96 Q4
97 Q1
97 Q2
97 Q3
97 Q4
98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1
14 Q2
14 Q3
14 Q4
15 Q1
15 Q2
15 Q3
15 Q4

Number of Apartment Units

Number of Apartment Units

Estimate of Total Apartments by Year


for Boulder/Broomfield Counties

41000

39000

37000

35000

33000

31000

29000

27000

Year

New Apartment Units Added by Year


for Boulder/Broomfield Counties

1600

1400
1481

1200

1000

807

400

0 18
769

390

200

229

100
100

8
788
721

600

426

336

265

349

213

98

128

221

00

59 48
24

376
307

211

244

125 99

260

212

60

V-5

00

231 206

42
000000

Year

6077

238

55

96

146

00

0 0 21 260 0 0 0

95
788

551 558 551

483

386

238

359

179

87
31
0

Vacancy Rates by Market Area by Apartment Type


for Boulder/Broomfield Counties
30
Efficiency
One bedroom
Two bed, one bath
Two bed, two bath
Three bedroom
All

Percent Vacant

25

20

15

10

0
Boulder - Other

Broomfield

Boulder - Except
Univ.

Boulder - Univ.
Area

Longmont

Boulder/Broomfield
Counties Average

Market Area

Vacancy Rate by Apartment Type by Quarter


for Boulder/Broomfield Counties
12
15 Q1
15 Q2
10

15 Q3

Percent Vacant

15 Q4
8

0
Efficiency

One Bedroom

Two Bed, One Bath Two Bed, Two Bath

Apartment Type

V-6

Three Bed

Average

Median Rent by Apartment Type by Quarter


for Boulder/Broomfield Counties
2500
15 Q1
15 Q2
2000

15 Q3

Rent (in dollars)

15 Q4
1500

1000

500

0
Efficiency

One Bedroom

Two Bed, One BathTwo Bed, Two Bath

Three Bed

Average

Apartment Type

Average Rent by Size of Building


1800
1600

$1,499.73

$1,560.40

1400
1200
$1,000.33

$993.57

Up to 6 units

7 - 36 units

1000
800
600
400
200
0

37 + units

V-7

5 Story or More

Vacancy Rates by Market Area for Boulder/Broomfield Counties


First Figure = Rate for Quarter in Percent
Second Figure = Change from Year Ago
Third Figure = Twelve Month Average
2007
County
Boulder - Other

Broomfield

Boulder Except Univ.


Boulder - Univ.
Area
Longmont

Boulder/
Broomfield
Counties

2008
4th

2nd

3rd

3.9
-3.6
5.3
4.8
-4.1
5.5
4.3
-1.7
6.2
0.8
-1.9
2.4
8.4
2.1
6.3

3.7
-3.4
4.4
4.5
-3.0
4.8
3.2
-5.6
4.8
5.9
2.9
3.1
3.9
-0.8
6.1

5.2 3.3 3.3 4.3 3.6 6.6 6.0


5.1
0.7 -2.2 -0.6 0.6 -1.6 3.3 2.7
0.8
4.6 4.0 3.9 4.0 3.6 4.5 5.1
5.3
4.1 6.0 4.9 4.9 5.5 7.2 6.7
7.0
-0.2 0.5 0.1 0.3 1.4 1.2 1.8
2.2
4.8 4.9 4.9 5.0 5.3 5.6 6.1
6.6
2.6 2.0 3.2 3.3 2.4 3.0 3.6
6.6
-3.5 -3.6 -1.1 0.1 -0.2 1.0 0.4
3.3
3.9 3.0 2.7 2.8 2.7 3.0 3.1
3.9
1.9 3.7 3.8 4.4 1.1 0.6 2.4 11.4
7.0
-2.1 2.1 2.9 -1.5 -0.8 -3.2 -1.4
2.6 3.1 3.8 3.4 3.2 2.5 2.1
3.9
3.2 11.5 15.1 19.6 10.5 8.7 8.9
9.1
-1.3 3.9 6.8 15.8 7.3 -2.9 -6.2 -10.5
5.8 6.7 8.4 12.4 14.2 13.5 11.9
9.3

4.7
-2.2
5.5

4.0
-3.0
4.8

3.6
-1.1
4.5

5.4
-0.1
4.4

1st

5.7
0.9
4.7

2nd

6.4
2.4
5.3

3rd

2009

1st

4.7
1.1
5.5

4th

6.1
0.6
5.7

1st

6.0
0.3
5.8

2nd

7.2
0.8
6.0

2010
3rd

2011

2012

2013

2014

2015

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

4.9 4.9
1.2 -1.7
5.7 5.2
4.0 5.1
-1.6 -2.1
6.2 5.7
7.2 5.8
4.8 2.8
5.1 5.8
3.5 2.0
2.4 1.5
4.5 4.8
7.8 12.8
-2.7 4.2
8.6 9.7

5.3
-0.7
5.0
5.1
-1.7
5.3
4.9
1.3
6.1
1.5
-0.9
4.6
6.4
-2.6
9.0

3.8
-1.3
4.7
4.3
-2.7
4.6
6.9
0.4
6.2
4.2
-7.2
2.8
5.0
-4.1
8.0

5.0
0.1
4.7
4.1
0.1
4.6
2.6
-4.6
5.1
1.1
-2.5
2.2
3.0
-4.8
6.8

3.8
-1.0
4.5
5.2
0.1
4.7
3.5
-2.3
4.5
0.6
-1.4
1.8
2.6
-10.2
4.3

10.0
4.7
7.2
5.7
0.6
4.9
3.1
-1.9
3.9
0.0
-1.5
1.3
2.8
-3.5
3.4

6.4
2.5
6.9
5.7
1.4
5.3
4.7
-2.2
3.8
0.4
-3.9
0.4
2.6
-2.5
2.7

4.3
-0.7
6.2
5.7
1.6
5.7
4.6
2.0
4.2
0.0
-1.1
0.1
5.0
2.0
3.8

4.0
0.8
6.2
5.8
1.0
5.7
3.5
-1.1
4.0
0.3
0.2
0.2
4.9
1.3
3.8

3.3
-6.7
4.5
4.8
-0.9
5.5
4.6
1.5
4.4
0.1
0.1
0.2
3.6
0.8
4.0

4.6
-1.8
4.0
4.1
-1.5
5.1
4.4
-0.3
4.3
0.0
-0.4
0.1
2.2
-0.4
3.9

3.3
-0.9
3.8
3.9
-1.8
4.7
1.8
-2.8
3.6
0.3
0.3
0.2
2.9
-2.0
3.4

3.5
-0.6
3.7
6.2
0.4
4.8
1.9
-1.6
3.2
0.2
-0.2
0.1
2.7
-2.2
2.9

4.7
1.4
4.3
4.5
-0.3
4.3
1.4
-3.2
2.3
0.3
0.1
0.2
2.3
-1.3
2.4

3.7
-0.8
3.9
4.5
0.3
4.3
3.4
-1.1
2.5
0.5
0.5
0.4
3.6
1.4
3.1

3.4
0.1
3.8
3.3
-0.6
3.9
1.0
-0.8
1.7
2.0
1.7
1.2
2.6
-0.3
2.8

3.8
0.0
3.9
3.6
0.0
4.0
3.9
0.0
2.4
0.0
0.0
0.7
3.3
0.0
3.0

3.7
-0.9
3.7
4.3
-0.2
3.9
22.0
20.6
7.6
1.8
1.5
1.1
1.3
-1.0
2.7

6.3
2.6
4.3
4.5
0.0
3.9
4.2
0.8
7.8
2.3
1.7
1.5
3.0
-0.6
2.6

4.2
0.8
4.5
3.6
0.3
4.0
3.1
2.0
8.3
2.3
0.3
1.6
2.5
-0.1
2.5

4.9
1.1
4.8
10.7
7.1
5.8
5.4
1.5
8.6
3.5
3.5
2.5
2.7
-0.6
2.4

2.9
-0.8
4.6
9.2
4.8
7.0
3.8
-18.2
4.1
5.1
3.3
3.3
1.8
0.5
2.5

5.3
-1.0
4.3
5.4
1.0
7.2
4.7
0.5
4.2
5.6
3.4
4.1
3.0
0.0
2.5

3.0
-1.2
4.0
4.1
0.5
7.4
4.3
1.3
4.5
3.0
0.7
4.3
3.4
0.9
2.7

14.0
9.1
6.3
6.2
-4.5
6.2
5.6
0.2
4.6
2.7
-0.8
4.1
6.0
3.3
3.6

5.0
-1.0
5.9

4.9
-2.2
5.3

3.5
-2.0
4.8

3.6
-2.2
4.3

4.9
-0.2
4.5

4.6
-0.3
4.4

4.7
1.2
4.7

4.4
0.5
4.7

3.9
-1.0
4.4

3.6
-1.0
4.2

2.9
-1.8
3.7

3.7
-0.7
3.5

3.2
-0.6
3.3

3.8
0.2
3.4

2.8
-0.2
3.1

3.4
0.0
3.3

6.7
3.5
4.2

4.4
0.6
4.3

3.3
0.5
4.4

7.2
3.8
5.4

6.0
-0.8
5.2

4.8
0.4
5.3

3.6
0.4
5.4

7.6
0.5
5.5

5.5
0.8
6.2

5.8
-0.3
6.1

Due to rounding of the vacancy rate, numbers may not always add exactly.

V-8

Vacancy Rates by Size of Building


by Market Area for Boulder/Broomfield Counties

Vacancy Rates by Size of Apartment Unit


by Market Area for Boulder/Broomfield Counties

(In Percent)

(In Percent)

County
Boulder - Other

2015

Number of
Units

1st

2nd

3rd

4th

Up to 8

0.0

0.0

0.0

0.0

51 to 99

7.3

11.5

8.3

6.3

100 to199

3.6

1.6

4.2

5.8

200 to 349

2.2

5.2

6.9

33.9

350 up

2.7

0.8

5.1

County
Boulder - Other

9 to 50

Broomfield

Boulder - Except
Univ.

Boulder - Univ.
Area

Broomfield

Up to 8

1st

499 below

3.6

500 to 749

3.4

0.0

5.0

1.7

750 to 999

3.2

4.8

3.3

19.7

1000 above

2.6

6.6

2.7

10.3

0.6

2nd

3rd

4th

0.0

3.6

499 below

2.3

2.9

9 to 50

500 to 749

5.2

2.5

3.1

2.3

51 to 99

750 to 999

10.2

5.4

3.9

5.5

1000 above

10.9

7.1

5.7

8.7

100 to 199

3.4

200 to 349

4.2

2.1

1.9

3.8

350 up

16.3

9.4

7.7

8.7

Up to 8

0.0

0.0

0.0

0.0

9 to 50

0.0

2.1

4.3

0.0

Boulder - Except
Univ.

499 below

0.0

0.0

0.0

0.0

500 to 749

1.1

1.6

3.4

3.6

51 to 99

4.5

3.4

5.0

5.6

750 to 999

4.0

6.9

4.4

5.5

100 to 199

2.9

4.8

2.2

4.2

1000 above

12.1

4.7

5.6

8.7

200 to 349

7.3

8.2

6.2

9.4

350 up

0.5

1.0

Up to 8

0.0

0.0

0.0

0.0

9 to 50

0.0

0.0

0.0

2.8

4.6

100 to 199

2.8

5.9

6.6

200 to 349

6.3

15.4

3.1

51 to 99

350 up
Longmont

2015

Square Feet in
Unit

Up to 8

0.0

9 to 50

0.0

51 to 99

4.4

100 to 199

1.7

200 to 349

1.4

350 up
Boulder/Broomfield Up to 8
Counties
9 to 50

3.9

499 below

4.1

4.3

1.4

1.7

500 to 749

0.0

0.0

0.9

0.6

7.7

750 to 999

4.8

6.7

4.4

2.3

5.3

1000 above

8.8

7.1

5.8

10.3

1.0

0.0

5.6

0.0

1.7

Boulder - Univ.
Area

Longmont

5.6

2.1

3.0

5.2

499 below

0.0

0.0

0.0

500 to 749

3.8

5.2

4.3

7.7

750 to 999

0.9

2.1

3.0

5.2

1000 above

1.9

2.6

3.3

5.4

5.6

5.8

9.7

0.0

0.0

1.7

0.0

3.1

1.0

1.9

1.0

1.4

0.9

Boulder/Broomfield 499 below


Counties
500 to 749

2.9

0.0

3.2

2.7

3.2

3.9

51 to 99

5.1

4.9

4.4

6.0

750 to 999

6.7

5.2

3.7

8.7

100 to 199

3.0

4.8

4.0

4.9

1000 above

7.0

5.9

4.2

8.5

200 to 349
350 up

4.0

3.2

3.3

9.7

10.0

7.6

4.0

6.6

V-9

Vacancy Rates by Age of Building


by Market Area for Boulder/Broomfield Counties

Vacancy Rates by Apartment Type


by Market Area for Boulder/Broomfield Counties

(In Percent

(In Percent)

2015

County
4th

4.8
2.1

2.2
5.8

2.0

5.5

7.9

45.5

2.5
4.2
3.0
4.7
28.9

1.8
2.4
1.2
2.5
16.4

1.2
2.8
1.1
2.7
11.2

3.8
4.4
4.0
10.3

0.9
3.2

10.0
0.0
4.0

0.9
3.5
0.0
10.1
5.2
7.5
0.0
0.0

2.8

4.6

7.6
0.0

7.7

0.0
2.7
0.9
5.0
4.3
6.3
0.0
1.2
0.0
1.7
4.6
0.0
6.5
6.7

3.1

0.0
4.4
1.3
1.5

4.0
4.3
1.4

3.7
4.1
2.6

0.0
2.0
2.7
3.8
2.8
3.9
19.2

0.0
0.8
2.6
3.3
4.5
2.3
12.3

1.8
1.2
1.7
3.3
2.6
2.7
8.6

0.0
0.8
5.2
6.0
9.4
0.0
0.0
1.8
7.7
7.1
7.2
0.0

7.1
8.0
2.7
8.2
0.0
0.0
0.8
5.3
5.8
3.7
17.3

Boulder - Other

0.0
5.3

Broomfield

3.2
3.1

Apartment Type

Boulder - Except
Univ.

3rd

Boulder - Univ. Area

2nd

Longmont

1st

Boulder/Broomfield
Counties

Boulder/Broomfi
eld Counties

Longmont

Boulder - Univ.
Area

Boulder - Except
Univ.

Broomfield

Boulder - Other

County Year
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up

V-10

Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All

2015
1st
3.6
3.2
1.5
3.4
1.2
0.0
2.9
10.5
9.8
4.7
10.8
2.5
3.2
9.2
6.9
1.2
3.8
9.4
2.0

2nd

3.8
2.4
4.5
3.5
9.8
0.0

3.2
8.8
5.0
17.8
0.0
5.3
0.0
5.6
2.3
7.0
1.1
3.2
5.4
1.5
3.5
3.1
9.3
7.0
0.0
4.7
13.2
3.7
0.0
6.5
7.7

5.1
6.5
1.1
2.7
1.7
4.7
0.0
1.8
5.3
6.0
3.8
7.6
2.4
0.7
6.0

5.6
1.6
3.2
2.7
4.3
0.0
0.0
3.0
4.4
4.5
2.9
6.8
5.1
0.5
4.8

3rd

4th

0.0
3.4
3.4
3.2
1.2
0.0
3.0
0.0
4.0
2.4
5.4
0.0
2.5
4.1
3.0
4.2
2.2
5.9
8.0
0.0
4.3
0.0
2.6
1.9
6.7
2.1
0.0
3.0
3.0
3.3
4.5
3.6
1.5
1.0
3.4
1.4
3.6
3.0
4.6
1.8
1.0
3.6

3.6
16.3
24.4
11.1
4.9
0.0
14.0
0.0
4.7
5.8
8.0
7.0
15.0
6.2
0.0
5.1
3.5
8.3
0.0
5.6
7.5
0.8
0.0
10.9
3.1
2.7
3.0
6.2
7.3
6.4
0.0
3.5
6.0
2.8
6.9
9.5
8.7
4.2
6.1
7.6

Average Rents by Apartment Type by


Market Area for Boulder/Broomfield Counties

Average Rents by Age of Building by


Market Area for Boulder/Broomfield Counties

(In Dollars)

(In Dollars)
2015

County
Boulder - Other
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Broomfield
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Boulder - Except Univ.
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Boulder - Univ. Area
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Longmont
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Boulder/Broomfield Co.

2015

1st

2nd

3rd

4th

915.00
1171.34
1307.23
1383.33
1602.67
1303.45

1387.00
1412.85
1651.61
1820.96
1520.46

1037.50
1429.18
1527.74
1731.42
1944.60
1599.80

1087.50
1313.85
1529.24
1687.72
1958.00
1531.72

County
Boulder - Other

Broomfield
1087.37
1181.37
1179.41
1526.79
1627.60
1313.93

1181.29
1270.61
1192.84
1663.28
1666.26
1398.43

1190.00
1327.58
1189.03
1761.54
2144.71
1459.25

1167.00
1426.12
1383.97
1669.14
1973.66
1529.43

1431.72
1259.89
1360.29
1874.58
2212.24
1455.26

1458.51
1298.89
1412.81
1912.04
2261.92
1505.39

1113.12
1574.38
1614.75
2016.09
2467.20
1734.33

1470.53
1566.13
1520.26
1968.92
2551.20
1720.86

Boulder - Except Univ.

Boulder - Univ. Area


877.83
1424.92
1481.93
2564.15
2700.00
1582.60

1741.32
1453.23
1779.41
2663.44
3462.38
1861.11

1432.55
1269.27
1280.43
2439.42
2572.25
1532.32

1393.70
1179.07
1302.14
2388.01
2575.38
1449.97
Longmont

977.90
1073.44
1229.19
1440.97
1502.64
1244.43

1150.06
1255.95
1387.74
1505.16
1515.03
1350.14

1127.62
1194.60
1318.48
1417.58
1527.56
1300.69

1048.44
1183.19
1277.17
1438.53
1597.21
1295.39

Efficiency
1078.27 1409.16 1198.01 1240.99
1 Bed
1204.03 1291.93 1340.98 1339.78
2 Bed, 1 Bath
1258.66 1321.40 1341.65 1398.34
2 Bed, 2 Bath
1546.96 1713.69 1769.45 1692.70
3 Bed
1666.23 1861.13 2008.62 1987.45
All
1341.35 1442.35 1504.26 1493.64
Rents are based on the units being unfurnished with tenants paying
electricity and gas.

Year Built
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up

1st

2nd

3rd

4th

1261.99
1281.42

985.83
1448.86

1272.69
1640.92

1360.11
1572.45

1475.98

1655.16

1574.03

1461.21

919.24
1321.22
1366.60
1352.28
1437.95

936.71
1358.39
1425.39
1485.27
1544.13

965.72
1319.13
1599.06
1507.26
1619.66

1328.46
1480.10
1465.97
1683.09

1062.51
1246.14

1949.85
1045.00
1156.49

1083.77
1290.30
1686.04
1689.16
1756.52
2023.36
1045.00
1420.83

963.47

988.19

2372.18
692.87

2424.82

1000.00
1372.51
1807.66
1649.50
1846.21
2013.41
1626.34
1062.09
2401.43
1135.21
1816.92
792.00
2332.57
694.07

1716.85

716.52
1021.57
1356.62
1281.01

1342.19
1327.89
1368.54

1188.72
1363.40
1396.93

1024.38
1391.20
1810.81
1801.88
1930.96
1090.63
1108.15
1025.23
2007.69
792.00
2317.23
760.87

1182.33
1388.21
1340.25
1381.86
Boulder/Broomfield
To 1959
815.35 1045.00 1376.63
875.57
Counties
1960-69
1097.26 1118.70 1061.45 1102.35
1970-79
1035.55 1098.61 1133.47 1391.20
1980-89
1184.92 1344.12 1268.00 1225.71
1990-99
1368.17 1473.42 1594.48 1552.45
1333.71 1465.83 1483.25 1436.50
2000-09
1651.63 1749.10 1868.02 1694.77
2010 up
Rents are based on units being unfurnished with tenants paying gas and electricity.

Average rents do not reflect "rental losses" from discounts and


concessions.

Average rents do not reflect "rental losses" from discounts and concessions.

Average rent minus rental losses equals effective rent.

Average rent minus rental losses equals effective rent.

V-11

Average Rents by Size of Building by Market Area


for Boulder/Broomfield Counties

Median Rents by Apartment Type by Market Area


for Boulder/Broomfield Counties

(In Dollars)

(In Dollars)

Number of Units
Boulder - Other
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Broomfield
Up to 8
9 to 50
51 to 99

2015

2015

1st

2nd

3rd

4th

956.67

985.83

1048.33

1048.33

1522.50
1283.94
1399.45
1255.96

1520.94
1486.71
1536.73

1519.46
1420.48
1528.10
1682.36

County
Boulder - Other
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Broomfield
Efficiency
1 Bed
2 Bed, 1 Bath

1466.93
1338.20
1430.87
1647.57

1st

2nd

3rd

4th

913.00
1165.86
1273.44
1294.74
1567.58
1280.97

1386.74
1417.00
1697.00
1856.78
1508.96

1038.00
1442.93
1602.33
1781.34
1984.44
1604.82

1088.00
1384.63
1608.78
1779.99
1985.05
1503.05

1087.33
1191.50
1179.73

1187.33
1336.74
1049.63

1188.00
1344.38
1070.42

1163.00
1376.76
1392.49

100 to 199

1398.41

2 Bed, 2 Bath

1549.57

1731.55

1698.11

1677.51

200 to 349

1272.97

1316.65

1387.23

1471.14

3 Bed

1606.00

1446.50

2009.65

2001.96

350 and up
Boulder - Except Univ.

1361.34

1495.76

1577.21

1593.79

All
Boulder - Except Univ.

1319.35

1389.60

1441.92

1435.58
1425.00

Up to 8

877.31

939.23

1018.08

967.69

Efficiency

1481.25

1552.88

1584.63

9 to 50

1038.94

1029.04

1147.66

1130.14

1 Bed

1017.92

1100.00

1702.50

1635.72

51 to 99

1529.71

1664.84

1849.52

1775.04

2 Bed, 1 Bath

1287.31

1337.32

1415.67

1375.00

100 to 199

1409.09

1484.47

1636.43

1675.99

2 Bed, 2 Bath

1696.90

1858.68

1983.80

1912.00

200 to 349

1824.30

1834.40

1855.10

1930.96

3 Bed

2006.86

2006.74

2013.50

2610.38

350 and up
Boulder - Univ. Area

1048.71

1071.08

All
Boulder - Univ. Area

1328.88

1447.07

1788.13

1809.61
1827.14

Up to 8

1045.00

1045.00

1666.14

1090.63

Efficiency

863.00

2007.07

986.00

9 to 50

1420.83

1420.83

1377.71

1044.25

1 Bed

1088.50

1018.33

992.68

995.64

1816.92

2007.69

2 Bed, 1 Bath

1397.60

1787.25

1192.76

1288.10

1853.98

51 to 99
100 to199

963.47

1960.02

1954.62

200 to 349

1757.06

1874.04

1698.00

350 and up
Longmont
Up to 8

712.67

9 to 50

716.52

51 to 99

1021.57

100 to199

1360.35

200 to 349

1298.47

350 and up

1128.71

1015.87

1102.94

713.67

769.33

1171.17

1150.16

2 Bed, 2 Bath

2012.44

2012.32

2010.43

2582.18

3 Bed

2013.50

2013.50

2010.62

2490.58

All
Longmont

1239.16

2001.19

1187.45

1049.52

Efficiency

1011.71

1153.67

1153.00

1062.63

1 Bed

1163.60

1292.50

1163.62

1163.91

2 Bed, 1 Bath

1078.14

1342.29

1268.67

1284.14

2 Bed, 2 Bath

1391.18

1533.47

1395.13

1486.14

1351.19

1344.03

1350.42

3 Bed

1628.80

1398.67

1423.67

1473.67

1457.50

1230.70

1152.30

All

1233.52

1378.99

1284.08

1279.55

Boulder/Broomfield Counties

Boulder/Broomfield Counties

Up to 8

851.84

980.93

1169.93

920.96

Efficiency

1001.86

1198.00

1115.57

1091.43

9 to 50

1113.43

1238.51

1302.63

1101.51

1 Bed

1168.06

1331.33

1339.16

1315.05

51 to 99
100 to 199
200 to 349
350 and up

1335.69
1327.04
1392.09
1291.03

1472.31
1603.11
1411.48
1428.38

1550.27
1663.51
1471.77
1504.79

1531.40
1632.58
1454.23
1509.89

2 Bed, 1 Bath
1277.43 1331.09 1291.50 1381.69
2 Bed, 2 Bath
1531.29 1726.19 1779.74 1694.59
3 Bed
1574.49 1810.75 1984.95 1984.42
All
1292.05 1398.28 1467.02 1416.29
Rents are based on units being unfurnished with tenants paying gas and
electricity.

Rents reflect units being unfurnished with tenants paying gas and electricity.
Average rents do not reflect "rental losses" from discounts and concessions.

Average rents do not reflect "rental losses" from discounts and concessions.

Average rent minus rental losses equals effective rent.

Average rent minus rental losses equals effective rent.

V-12

Average Rent per Square Foot by Apartment Type by Market


Area for Boulder/Broomfield Counties

Average Rent Per Square Foot by Apartment Unit Size by


Market Area for Boulder/Broomfield Counties

(In Dollars)
2015

County
Apartment Type
Boulder - Other
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Broomfield
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Boulder - Except Univ.
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Boulder - Univ. Area
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Longmont
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Boulder/Broomfield Counties
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

(In Dollars)
2015

County

1st

2nd

3rd

4th

1.89
1.49
1.38
1.22
1.15
1.35

1.77
1.52
1.56
1.51
1.65

2.14
1.81
1.61
1.51
1.38
1.64

2.25
1.68
1.60
1.47
1.39
1.58

1.99
1.61
1.29
1.37
1.29
1.48

2.16
1.74
1.32
1.48
1.32
1.58

2.15
1.82
1.30
1.60
1.63
1.67

2.11
1.82
1.42
1.50
1.36
1.65

2.66
1.84
1.67
1.78
1.83
1.81

2.74
1.88
1.67
1.84
1.90
1.84

1.91
2.17
1.83
1.93
2.03
2.01

2.75
2.13
1.72
1.91
2.11
2.03

2.27
2.35
1.53
2.35
2.57
2.27

2.47
2.18
2.04
2.03
2.17
2.18

2.43
2.01
1.56
2.09
2.11
2.00

2.29
1.82
1.74
1.96
1.84
1.86

1.93
1.54
1.36
1.37
1.17
1.40

2.09
1.85
1.55
1.49
1.17
1.64

2.06
1.74
1.47
1.38
1.18
1.54

1.92
1.71
1.42
1.39
1.23
1.53

2.20
1.69
1.41
1.40
1.28
1.54

2.41
1.81
1.50
1.57
1.47
1.68

2.15
1.88
1.49
1.61
1.51
1.73

2.30
1.80
1.54
1.54
1.44
1.67

Apartment Square Feet


Boulder - Other
499 below
500 to 749
750 to 999
1000 above

1st

2nd

3rd

4th

1.89
1.70
1.45
1.19

1.80
1.71
1.54

2.14
1.72
1.77
1.48

2.25
1.73
1.65
1.46

1.70
1.65
1.50
1.35

1.76
1.82
1.59
1.44

1.87
1.87
1.62
1.59

1.88
1.73
1.47

2.98
1.76
1.83
1.76

2.91
1.78
1.87
1.79

1.17
2.16
2.06
1.84

2.73
2.18
2.03
1.77

2.20
1.82
2.60
2.10

2.23
1.82
2.27
2.08

2.29
1.48
2.20
2.00

2.31
1.61
1.94
1.90

1.33
1.63
1.45
1.28

2.06
1.60
1.35

1.33
1.90
1.53
1.32

1.33
1.82
1.48
1.36

2.04
1.70
1.58
1.34

2.04
1.86
1.68
1.50

2.09
1.84
1.76
1.56

2.36
1.84
1.72
1.48

Broomfield
499 below
500 to 749
750 to 999
1000 above
Boulder - Except Univ.
499 below
500 to 749
750 to 999
1000 above
Boulder - Univ. Area
499 below
500 to 749
750 to 999
1000 above
Longmont
499 below
500 to 749
750 to 999
1000 above
Boulder/Broomfield Counties
499 below
500 to 749
750 to 999
1000 above

Rents are based on units being unfurnished with tenants paying gas and
electricity.

Rents are based on units being unfurnished with tenants paying gas and
electricity.

Average rents do not reflect "rental losses" from discounts and


concessions.

Average rents do not reflect "rental losses" due to concessions and


discounts.

V-13

Rental Losses by Size, Age and Market Area for


Boulder/Broomfield Counties

Economic Vacancy Rates by Size, Age and Market


Area for Boulder/Broomfield Counties

Includes Discounts and Concessions Average Rent Minus Rental


Losses Equals Effective Rent

Defined as Physcial Vacancy Plus Concessions and Writeoffs as a


Percentage of Gross Potential Rent

(In Percent)

(In Percent)

2015
Building Type

Building

1st

2nd

3rd

4th

Type

Up to 8

1.6

-6.6

1.8

5.4

9 - 50

4.1

3.2

5.2

51 - 99

-6.4

10.8

26.2

2015
1st

2nd

3rd

4th

Up to 6

1.6

-6.6

3.5

5.4

4.8

9 - 50

4.1

4.2

6.6

4.8

11.1

51 - 99

-1.4

15.7

30.7

11.1

Size (in units)

Size

100 - 199

4.2

6.1

8.8

5.7

100 - 199

7.2

10.9

12.8

5.7

200 to 349

9.5

10.6

7.4

14.3

200 to 349

13.6

13.8

10.8

14.3

350 up

0.7

15.1

13.1

13.2

350 up

10.7

22.8

17.1

13.2

Age (year built)

Age
To 1959

0.0

0.0

6.7

4.9

To 1959

0.0

0.0

8.5

4.9

1960-69

1.1

7.5

6.5

6.6

1960-69

3.2

8.3

7.6

6.6

1970-79

5.8

5.6

8.3

1.8

1970-79

8.5

8.2

10.0

1.8

1980-89

14.7

14.3

11.2

12.3

1980-89

18.5

17.6

14.5

12.3

1990-99

-1.2

7.8

13.0

5.3

1990-99

1.6

12.3

15.6

5.3

2000-09

4.6

13.4

8.0

7.7

2000-09

8.5

15.7

10.7

7.7

2010 up

5.1

10.8

6.9

18.2

2010 up

24.3

23.0

15.5

18.2

-3.1

7.4

10.0

2.3

Market Area
Boulder - Other

-0.2

12.7

13.0

27.4

Broomfield

7.0

13.5

9.6

4.2

Broomfield

16.2

18.9

13.7

10.8

Boulder - Except Univ.

5.5

10.4

8.9

2.8

Boulder - Except Univ.

9.3

15.0

13.2

8.6

Market Area
Boulder - Other

Boulder - Univ. Area


Longmont

Average

8.3

-4.7

10.2

0.4

Boulder - Univ. Area

13.4

0.9

13.3

2.6

13.0

12.0

9.6

2.7

Longmont

14.8

15.0

13.1

9.3

5.1

11.1

9.8

2.9

Average

11.1

15.9

13.4

11.9

V-14

Average Rents for Boulder/Broomfield Counties


(in dollars)

Efficency

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

3 Bed

Other

All

Market Area Totals


Boulder - Other

1087.50

1313.85

1529.24

1687.72

1958.00

1614.00

1531.72

Broomfield

1167.00

1426.12

1383.97

1669.14

1973.66

1736.00

1529.43

Boulder - Except Univ.

1470.53

1566.13

1520.26

1968.92

2551.20

Boulder - Univ. Area

1393.70

1179.07

1302.14

2388.01

2575.38

Longmont

1048.44

1183.19

1277.17

1438.53

1597.21

1345.53

1295.39

Boulder/Broomfield Counties Average

1240.99

1339.78

1398.34

1692.70

1987.45

1456.17

1493.64

978.75

1187.50

Buildings with up to 6 Units


Boulder - Other

1720.86
1449.97

1048.33

Broomfield
Boulder - Except Univ.

860.00

1233.33

1046.67

1233.33

1000.33

Boulder - Univ. Area


Longmont

500.00

640.00

1295.00

Boulder/Broomfield Counties Average

500.00

891.88

1223.33

Boulder - Except Univ.

845.00

968.80

1181.25

Boulder - Univ. Area

845.00

943.47

1550.00

1480.63

Longmont

515.00

778.43

Boulder/Broomfield Counties Average

797.86

920.49

1209.62

1480.63

Buildings with 37 and Above Units


Boulder - Other

1087.50

1315.37

1531.83

1687.72

1958.00

1614.00

1532.98

Broomfield

1167.00

1426.12

1383.97

1669.14

1973.66

1736.00

1529.43

Boulder - Except Univ.

1517.21

1606.25

1546.01

1974.35

2551.20

Boulder - Univ. Area

1407.77

1196.11

1300.00

2448.50

2575.38

Longmont

1065.34

1190.28

1277.11

1438.53

1597.21

1345.53

1299.85

Boulder/Broomfield Counties Average

1256.74

1347.77

1400.91

1693.64

1987.45

1456.17

1499.73

811.67

Buildings with 7 to 36 Units


Boulder - Other
Broomfield
1014.76
1052.68
760.87
993.57

1752.03
1472.47

Buildings with 5 Stories and Above


Boulder - Other
Broomfield

1381.00

1648.00

1491.83

1500.00

2100.00

2500.00

2007.69

1389.05

1722.98

2500.00

1560.40

Boulder - Except Univ.


Boulder - Univ. Area
Longmont
Boulder/Broomfield Counties Average

V-15

Average Rent for Apartment Building/Community Features and Amenities in Boulder/Broomfield Counties
(In Dollars)
With Feature/Amenity
Feature/Amenity

Efficiency

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

Without Feature/Amenity
3 Bed

All

Efficiency

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

Difference
3 Bed

All

Outside Storage

1442.95

1409.42

1415.84

1695.05

2052.32

1530.63

1076.81

1259.04

1376.44

1689.89

1933.77

1450.22

80.41

Patio or Balcony

1242.15

1374.61

1413.10

1690.76

1991.74

1517.91

1217.75

1101.47

1301.21

1741.90

1800.00

1248.15

269.76

Fireplace

1171.63

1377.94

1423.03

1692.29

2051.13

1522.58

1417.80

1260.19

1348.83

1693.99

1789.90

1422.30

100.28

Nine-Foot Ceilings

1309.94

1427.64

1514.60

1727.35

2095.22

1577.31

1042.62

1126.48

1271.53

1562.59

1701.36

1290.64

286.67

Swimming Pool

1250.60

1343.16

1396.74

1686.79

1987.45

1497.49

1108.12

1283.57

1410.14

1929.78

1420.83

76.67

Spa or Sauna

1316.44

1419.60

1460.37

1720.39

1952.52

1559.04

1087.35

1115.91

1292.44

1541.64

2158.97

1278.80

280.23

Exercise Room

1276.36

1352.71

1409.49

1688.36

1954.64

1503.02

1139.23

1165.35

1328.62

1787.43

2614.00

1372.44

130.58

Sport Court

1087.50

1520.91

1502.13

1766.90

1983.82

1645.00

1284.84

1288.23

1371.70

1662.44

1990.96

1442.84

202.16

Microwave

1309.94

1409.58

1461.94

1697.61

2047.32

1551.66

1042.62

1138.83

1327.29

1667.48

1818.09

1326.91

224.75

Washer/Dryer Hookups

1071.71

1289.19

1385.05

1617.93

1831.36

1447.47

1412.98

1428.09

1431.81

1909.05

2560.98

1596.95

-149.48

Garbage Disposal

1234.47

1341.87

1396.03

1690.23

1987.45

1493.49

1417.00

1289.30

1698.00

1759.77

1498.32

-4.84

Dishwasher

1266.51

1381.26

1413.10

1690.23

1991.74

1523.16

1044.76

1095.57

1301.21

1759.77

1800.00

1224.62

298.54

Air Conditioning

1279.68

1382.41

1410.89

1691.19

1991.74

1523.99

1001.09

1085.95

1317.58

1729.98

1800.00

1221.55

302.44

Ceiling Fan

1288.76

1361.49

1376.71

1711.38

1980.24

1509.66

1069.89

1285.15

1488.68

1641.80

2026.94

1447.33

62.33

Attached Garage

1385.18

1526.91

1619.00

1830.89

2152.17

1681.13

1079.83

1226.18

1344.05

1586.50

1824.35

1377.90

303.23

Covered Parking

1520.17

1388.28

1427.46

1731.81

1975.77

1535.89

1093.78

1301.73

1382.14

1659.86

1993.22

1461.41

74.48

Clubhouse

1276.36

1344.43

1398.56

1685.50

1954.64

1497.97

1139.23

1289.16

1397.11

1831.64

2614.00

1445.41

52.56

Business Center

1239.56

1390.82

1480.04

1674.93

1942.11

1531.02

1242.95

1172.66

1276.66

1801.62

2138.09

1371.34

159.68

Pets Allowed

1278.56

1348.36

1398.22

1685.84

1983.51

1497.56

1022.65

1142.90

1404.43

1898.59

2300.00

1390.65

106.91

Resident Pays Sewer/Water

1240.82

1360.57

1422.25

1693.28

2035.47

1513.49

1243.79

1163.92

1296.82

1684.99

1564.63

1336.90

176.58

1347.37

1364.44

1637.59

1693.15

1479.65

1240.99

1337.97

1402.05

1710.61

2041.11

1497.17

-17.52

1693.04

1952.06

1505.18

1192.38

1240.97

1379.34

1690.26

2347.19

1428.32

76.86

1052.29

1246.86

1346.69

1404.01

1692.70

1987.45

1499.44

-447.16

Unit Security/Alarm System


Handicapped Access

1249.35

1358.45

1403.27

Heat Included in Rent

507.50

1026.23

1174.31

V-16

Apartment Unit Absorption by Quarter and Year for Boulder/Broomfield Counties

2012

2013

2014

2015

Units to Start Quarter/Year


Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year

First
34466
0
34466
3.9%
33122
1344
184
34612
788
35400
3.2%
34252
1148
930
37697
483
38180
6.7%
35617
2563
-803
39533
359
39892
6.0%
37512
2380
813

Second
34466
0
34466
3.6%
33225
1241
103
35400
95
35495
3.8%
34148
1347
-104
38180
179
38359
4.4%
36669
1690
1053
39892
87
39979
4.8%
38053
1926
542

Third
34466
0
34466
2.9%
33451
1015
226
35495
1481
36976
2.8%
35950
1026
1802
38359
386
38745
3.3%
37483
1262
813
39979
31
40010
3.6%
38573
1437
520

Fourth
34466
146
34612
3.7%
33322
1290
-129
36976
721
37697
3.4%
36420
1277
470
38745
788
39533
7.2%
36699
2834
-784
40010
0
40010
7.6%
36955
3055
-1618

Due to rounding of the vacancy rate, numbers may not always add exactly.
Quarterly absorption totals will not equal year-end total because absorption is the change from time period to time period.
Comparisons should be made using comparable time periods, quarter to quarter or year-end to year-end.

Estimate of New Apartments by Quarter for Boulder/Broomfield Counties


Beginning
Inventory
2008 1st
2nd
3rd
4th
2009 1st
2nd
3rd
4th
2010 1st
2nd
3rd
4th
2011 1st
2nd
3rd
4th
2012 1st
2nd
3rd
4th
2013 1st
2nd
3rd
4th
2014 1st
2nd
3rd
4th
2015 1st
2nd
3rd
4th

Units Added

32903
32903
32958
33164
33540
33847
33847
34085
34085
34085
34181
34181
34181
34202
34440
34466
34466
34466
34466
34466
34612
35400
35495
36976
37697
38180
38359
38745
39533
39892
39979
40010

V-17

0
55
206
376
307
0
238
0
0
96
0
0
21
238
26
0
0
0
0
146
788
95
1481
721
483
179
386
788
359
87
31
0

Ending
Inventory
32903
32958
33164
33540
33847
33847
34085
34085
34085
34181
34181
34181
34202
34440
34466
34466
34466
34466
34466
34612
35400
35495
36976
37697
38180
38359
38745
39533
39892
39979
40010
40010

Year-End
34466
146
34612
3.7%
33322
1290
385
34612
3085
37697
3.4%
36420
1277
3098
37697
1836
39533
7.2%
36699
2834
3377
39533
477
40010
7.6%
36955
3055
256

Monthly Resident Turnover


By Size, Age of Building, and Market Area
for Boulder/Broomfield County
(In Percent)

2015
Building Type

1st

2nd

3rd

4th

Up to 8

0.0

0.0

16.9

1.9

9 - 50

0.0

0.0

12.5

0.0

51-99

3.2

10.1

8.7

7.0

100 - 199

2.4

6.2

8.8

3.1

Size

200 to 349

3.6

5.0

5.6

3.5

350 up

3.2

5.4

4.1

3.6

0.0

0.0

12.5

3.2

Age
To 1959
1960-69

2.5

5.3

3.8

0.6

1970-79

2.9

3.9

5.4

0.0

1980-89

3.4

3.1

5.4

3.5

1990-99

3.1

6.3

9.3

4.0

2000-09

4.4

6.3

5.0

3.5

2010 up

2.5

4.5

5.9

4.2

Market Area
Boulder - Other

2.7

7.6

7.3

3.3

Broomfield

3.9

5.0

5.1

3.8

Boulder - Except Univ.

1.3

6.2

9.6

3.3

Boulder - Univ. Area

4.1

5.1

5.4

1.8

Longmont

3.6

3.6

5.2

4.9

County Average

3.3

5.3

6.2

3.6

Resident turnover is for respective months of February, May, August and


November.

V-18

Vacancy Rates During the Current Quarter


Boulder/Broomfield County

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

1
1

1
1

Percent Vacant

2
2

0.0%
0.0%

0.0%

64
56

3.1%
3.6%

18

0.0%

2
9

21

252

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

Other

Percent Vacant

Total

Total
Percent Vacant

Total

0.0%

0.0%
0.0%

4.8%

2.8%

0.0%
0.0%

0.0%

0.0%

6
1
2

0.0%
0.0%
0.0%

14

7.1%

12
3
27
4
8
8
293

0.0%
0.0%
7.4%
0.0%
0.0%
0.0%
0.0%

2
4
23
6
30
11
1
24
4
10
11
3
9
142
26
16
4
19
15
9
3
7
14
106
8
7
12
7
51
35
5
15
6

98
79
130
236
111
362
398
51
426
254
369
388
103
266
866
492
325
128
261
283
100
67
110
183
354
124
182
176
132
73
726
74
218
24

0.0%
2.5%
3.1%
9.7%
5.4%
8.3%
2.8%
2.0%
5.6%
1.6%
2.7%
2.8%
2.9%
3.4%
16.4%
5.3%
4.9%
3.1%
7.3%
5.3%
9.0%
4.5%
6.4%
7.7%
29.9%
6.5%
3.8%
6.8%
5.3%
69.9%
4.8%
6.8%
6.9%
25.0%

1
4
34
6
43
736

67
128
283
136
474
9638

1.5%
3.1%
12.0%
4.4%
9.1%
7.6%

11
1
9
4
6
5
291

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

9
127
20
4

98
15
73
236
111
205
299
45
332
200
46
292
74
214
576
361
145

0.0%
0.0%
2.7%
9.7%
5.4%
7.3%
1.3%
2.2%
6.0%
2.0%
8.7%
2.7%
0.0%
4.2%
22.0%
5.5%
2.8%

1
1
3

18
18
61
32

0.0%
0.0%

1
1

7.1%

2
23
6
15
4
1
20
4
4
8

Percent

0.0%

0.0%

Total

7
32
4

Percent Vacant

14

0.0%
0.0%
11.1%

20

Two Bedroom
Two Bathroom

0.0%
0.0%

1
1
2
18

Two Bedroom
One Bathroom

2
2
3
1

5
6
7

139
3
6
94
12
217
48
29
6
116
121
84

10.8%
0.0%
0.0%
4.3%
0.0%
1.4%
0.0%
10.3%
0.0%
4.3%
5.0%
8.3%

5.6%
5.6%
4.9%

33

9.1%

0.0%

0.0%

1
5
54

30
108
60

3.3%
4.6%
90.0%

0.0%

12

0.0%

58
8

12.1%
0.0%

2
63

0.0%
4.8%

15

0.0%
0.0%
0.0%

4
3
3

0.0%

96

7.3%

22
2
48

0.0%
0.0%
6.3%

5
4
15
14
6
3

46
172
1
96
92
210
249
37
67

0.0%
5.8%
0.0%
5.2%
4.3%
7.1%
5.6%
16.2%
4.5%

9
45
8
6
12
4
51
34

66
236
116
111
170
69
61
682

13.6%
19.1%
6.9%
5.4%
7.1%
5.8%
83.6%
5.0%

174

6.9%

10

5
2
1

74
23
14

6.8%
8.7%
7.1%

12

29

2
3
232

0.0%
0.0%
12.5%

1
3
5

60
110
51

1.7%
2.7%
9.8%

3
303

81
4360

3.7%
6.9%

30
287

241
3286

12.4%
8.7%

6
112

2
38
1175

0.0%
15.8%
9.5%

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

V-19

6
4
17

36

0.0%

16

0.0%

48

12.5%

44

104

2.9%

0.0%

30

3.3%

10

50.0%

2.3%

5
5

0.0%
0.0%

10

10.0%

134
114
402

4.5%
3.5%
4.2%

10

163

6.1%

Vacancy Rates During the Current Quarter


Boulder - Other

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

56

Percent Vacant

Two Bedroom
Two Bathroom

Percent Vacant

1
1

0.0%
0.0%

2
56

0.0%
12.5%

1
1
11

133
45
152

0.8%
2.2%
7.2%

3.6%

Two Bedroom
One Bathroom

0.0%

6
121
361
2

33.3%
82.6%
5.5%
100.0%

Total

3
2
100
20
2

Percent Vacant

1
1

0.0%
0.0%

44
18

0.0%
16.7%

Total

87

8.0%

0.0%

26

3.8%

33

9.1%

1
10

1
128
7
66

100.0%
7.8%
0.0%
4.5%

3
5
54

56

3.6%

144

881

16.3%

65

Three Bedroom

Percent Vacant

108
60

266

Total

Other

Percent Vacant

Total

24.4%

100.0%

51
30

61
566

83.6%
5.3%

105

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

V-20

944

11.1%

Total

6
1
8

27

3.7%

5
5

0.0%
0.0%

118
8
163

5.1%
12.5%
4.9%

0.0%

0.0%

Percent

1
1

0.0%
0.0%

2
7

58
56

3.4%
12.5%

1
1
11

1
134
45
152

0.0%
0.7%
2.2%
7.2%

3
2
107
20
3

45
18
6
208
361
29

0.0%
16.7%
33.3%
51.4%
5.5%
10.3%

34
128
7
66

11.8%
7.8%
0.0%
4.5%

5
54

117
60

4.3%
90.0%

100.0%

51
31

61
593

83.6%
5.2%

5
5

0.0%
0.0%

118
8
2319

5.1%
12.5%
14.0%

4
10

4.6%
90.0%

Total
Percent Vacant

6
1
324

Vacancy Rates During the Current Quarter


Broomfield

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Efficiencies

One Bedroom

Total

Total

18

Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

Other

Percent Vacant

Total

Total

0.0%
3

157

1.9%

200

2.0%

5
7
27

170
66
208
455

2.9%
0.0%
3.4%
5.9%

107

4.7%

143

1.4%

82

8.5%

30

3.3%

72

5.6%

48

6.3%

4
4

70
90

5.7%
4.4%

45
8
6
10
4

236
116
111
168
69

19.1%
6.9%
5.4%
6.0%
5.8%

116

3.4%

48

12.5%

0.0%

29

232

12.5%

77

1631

4.7%

17

291

5.8%

110

2.7%

91

1134

8.0%

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

V-21

2
8

58
114

30

3.3%

0.0%

18

Total
Percent Vacant

3.4%
7.0%

10

40

50.0%

15.0%

Percent

18
157

0.0%
1.9%

4
4

72
200

5.6%
2.0%

8
7
32

218
66
208
562

3.7%
0.0%
3.4%
5.7%

13
4

295
90

4.4%
4.4%

78

9.0%

45
8
7
10
4

236
116
141
168
69

19.1%
6.9%
5.0%
6.0%
5.8%

124

3.2%

10

50.0%

3
29

110
232

2.7%
12.5%

2
199

58
3228

3.4%
6.2%

Vacancy Rates During the Current Quarter


Boulder - Except University

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Efficiencies

One Bedroom

Total

Total

Percent Vacant

1
1

0.0%
0.0%

0.0%

20

2
9

0.0%

Percent Vacant

0.0%

0.0%

9
2
6
3
5

0.0%
0.0%
0.0%
0.0%
0.0%

5
9
5
24
4
7
9

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

0.0%

18
61

5.6%
4.9%

32

0.0%

58
8

12.1%
0.0%

2
63

0.0%
4.8%

Total

0.0%
0.0%
3

5
2
1

0.0%

1
23

74
23
14

6.8%
8.7%
7.1%

2
3

0.0%
0.0%

3
453

33.3%
5.1%

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

Percent Vacant

Other
Total

Total
Percent Vacant

Total

0.0%
0.0%

0.0%
0.0%
0.0%

2
2
9
2
8
6
7

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

2
2
6
22
12
14
4
11
6
9
13
1

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

5
9
6
24
4
9
11
6
22
32
17
4
11
6
11
22
1

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

0.0%

18
62

5.6%
4.8%

32

0.0%

58
8
41
6
63
12

12.1%
0.0%
0.0%
0.0%
4.8%
0.0%

0.0%

0.0%

1
3

7
9

0.0%

12

0.0%

6
6

Percent

1
2

2
3
1

0.0%
0.0%

72

Two Bedroom
Two Bathroom

0.0%

1
3

32
4

Two Bedroom
One Bathroom

2
38
170

0.0%
15.8%
3.5%

12

174

6.9%

5
14
1

74
197
14

6.8%
7.1%
7.1%

60

1.7%

51

9.8%

16
34

121
409

13.2%
8.3%

62
3
51
2
187
1129

1.6%
0.0%
9.8%
0.0%
12.3%
5.6%

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

V-22

25
25

0.0%
0.0%

23
63

Vacancy Rates During the Current Quarter


Boulder - University

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

Percent Vacant

0.0%

18

11.1%

14

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

7.1%

40

7.5%

2
4

Percent

14

7.1%

0.0%

0.0%

18
2

11.1%
0.0%

2
286

0.0%
0.0%

2
286

0.0%
0.0%

93
6

0.0%
0.0%

93
6

0.0%
0.0%

0.0%

0.0%

116

0.0%

1
1

0.0%
0.0%

2
20
1
1
1

0.0%
5.0%
0.0%
0.0%
0.0%

0.0%

21

4.8%

17
22

221
821

7.7%
2.7%

18

0.0%

5.6%

1
1

0.0%
0.0%

2
2
1

0.0%
0.0%
0.0%

0.0%

0.0%

Total

4.8%

Total
Percent Vacant

21

Total

116

Other

Percent Vacant

78
504

2.6%
0.8%

117

14
14

0.0%

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

V-23

120
128

11.7%
10.9%

1
1

23
32

0.0%

4.3%
3.1%

Vacancy Rates During the Current Quarter


Longmont

Efficiencies
Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Total

1
1

64

One Bedroom

Percent Vacant

Total

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

Other

Percent Vacant

Total

4
3

0.0%

0.0%

0.0%

0.0%

0.0%

66
156
102
198

3.0%
10.3%
5.9%
7.6%

2
2
16
6
30
7

64
66
156
102
334
96

3.1%
3.0%
10.3%
5.9%
9.0%
7.3%

3
6

180
22
236
121
8
46
84
108

5.0%
0.0%
4.2%
2.5%
0.0%
0.0%
3.6%
5.6%

14
4
6

36
207
136
30

0.0%
6.8%
2.9%
20.0%

66

13.6%

10

10.0%

16

0.0%

2141

6.0%

15

136

11.0%

180
45
121
8

96

7.3%

22

0.0%

5.0%
8.9%
2.5%
0.0%

87

108

3.4%

46
84

0.0%
3.6%

14
4
6

207
120
30

6.8%
3.3%
20.0%

66

13.6%

6.2%

24

331

2.9%

16

7.3%

43

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

V-24

671

6.4%

10
3

0.0%
0.0%

891

104

5.6%
36

55

0.0%
0.0%

0.0%

3.0%

1
1

3.1%

Percent

66

Total

0.0%
0.0%

2
16
6
15

Total
Percent Vacant

16

0.0%

68

0.0%

10

114

10.0%

3.5%

128

DEFINITION OF BOULDER/BROOMFIELD COUNTIES MARKET AREAS


AND CENSUS TRACTS

Market Area Boundaries:


Boulder Co.-Other

All of Boulder County except for the incorporated cities of Boulder,


Broomfield, and Longmont

Broomfield

North: 168 Avenue; East: I-25; South: 112 Avenue; West: Indiana
Street

Boulder-Except
University

All of the City of Boulder except for the University area

Boulder-University
Area

North: Pearl: East: Gilpin and Pleasant View Road; South: Baseline;
West: Fourth

Longmont

All of the city of Longmont

th

th

Census Tracts:
Boulder County-Other

Tracts other than those listed below

Broomfield

85.13 (pt), 85.15 (pt), 85.16 (pt), 85.17 (pt), 86.01 (pt), 86.02 (pt), 98.11
(pt), 98.13 (pt), 98.16, (pt), 98.20 (pt), 131.02 (pt), 131.03, 131.04 (pt),
131.05

Boulder-Except
University

121.01 (pt), 121.02 (pt), 121.03 (pt), 121.04 (pt),


120.03 (pt), 122.04 (pt), 122.05 (pt), 124.02, 125.01, 125.02, 125.03,
125.05, 125.07, 125.08 (pt), 125.09, 125.10 (pt), 126.02 (pt), 126.03
(pt), 126.04 (pt), 127.01 (pt), 127.03 (pt), 127.05 (pt), 127.06 (pt),
127.07 (pt)

Boulder-University
Area

122.02, 122.03 (pt), 122.05 (pt), 123.00, 124.01, 126.02 (pt), 126.04 (pt)

Longmont

132.02, 133.02, 133.05, 133.06, 133.07, 133.08, 134.01, 134.02,


135.01, 135.01, 135.02, 135.04

Section VI - Denver County


Table of Contents
Graphs
Vacancy Rate by Quarter
Average Rent by Quarter
Vacancy Rate by Market Area by Quarter
Average Rent by Market Area by Apartment Type
Vacancy Rate by Age of Building
Vacancy Rate by Size of Building
Rent per Square Foot by Apartment Type
Rent per Square Foot by Apartment Unit Size
Estimate of Total Apartments by Year
New Apartment Units Added by Year
Vacancy Rates by Market Area by Apartment Type
Vacancy Rate by Apartment Type by Quarter
Median Rent by Apartment Type by Quarter
Average Rent by Size of Building by Quarter

VI-1
VI-1
VI-2
VI-2
VI-3
VI-3
VI-4
VI-4
VI-5
VI-5
VI-6
VI-6
VI-7
VI-7

Tables
Vacancy Rates by Market Area
Vacancy Rates by Size of Building by Market Area
Vacancy Rates by Size of Apartment Unit by Market Area
Vacancy Rates by Age of Building by Market Area
Vacancy Rates by Apartment Type by Market Area

VI-8
VI-9
VI-9
VI-10
VI-10

Average Rents by Apartment Type by Market Area


Average Rents by Age of Building by Market Area
Average Rents by Size of Building by Market Area
Median Rents by Apartment Type by Market Area

VI-11
VI-11
VI-12
VI-12

Average Rent per Square Foot by Apartment Type by Market Area


Average Rent per Square Foot by Apartment Unit Size by Market Area

VI-13
VI-13

Rental Losses by Size, Age and Market Area


Economic Vacancy Rates by Size, Age and Market Area

VI-14
VI-14

Average Rents for Denver County


Average Rent for Apartment Building/Community Features and Amenities

VI-15
VI-16

Apartment Unit Absorption by Quarter and Year


Estimate of New Apartments by Quarter
Monthly Resident Turnover by Size, Age and Market Area

VI-17
VI-17
VI-18

Vacancy Rates During the Current Quarter - Denver County Cumulative Totals
Vacancy Rates During the Current Quarter - Denver - Central
Vacancy Rates During the Current Quarter - Denver - Downtown
Vacancy Rates During the Current Quarter - Denver - East Central
Vacancy Rates During the Current Quarter - Denver - Far Southeast
Vacancy Rates During the Current Quarter - Denver - North Central
Vacancy Rates During the Current Quarter - Denver - Northeast
Vacancy Rates During the Current Quarter - Denver - Northwest
Vacancy Rates During the Current Quarter - Denver - South Central
Vacancy Rates During the Current Quarter - Denver - Southeast
Vacancy Rates During the Current Quarter - Denver - Southwest
Vacancy Rates During the Current Quarter - Denver - West Central

VI-19
VI-20
VI-21
VI-22
VI-23
VI-24
VI-25
VI-26
VI-27
VI-28
VI-29
VI-30

Market Area Descriptions and Census Tracts

VI-31

550.00

VI-1

Quarter

1350.00

1250.00

1150.00

1050.00

950.00

850.00

750.00

650.00
08 Q1

07 Q3

07 Q1

06 Q3

06 Q1

05 Q3

05 Q1

04 Q3

04 Q1

03 Q3

03 Q1

02 Q3

02 Q1

01 Q3

01 Q1

00 Q3

00 Q1

99 Q3

99 Q1

98 Q3

98 Q1

97 Q3

97 Q1

15 Q1
15 Q3

15 Q3

14 Q3

14 Q1

13 Q3

13 Q1

12 Q3

12 Q1

11 Q3

11 Q1

10 Q3

10 Q1

09 Q3

15 Q1

14 Q3

14 Q1

13 Q3

13 Q1

12 Q3

12 Q1

11 Q3

11 Q1

10 Q3

10 Q1

09 Q1

1450.00
08 Q3

Average Rent by Quarter


for Denver County

09 Q3

Quarter

09 Q1

08 Q3

08 Q1

07 Q3

07 Q1

06 Q3

06 Q1

05 Q3

05 Q1

04 Q3

04 Q1

03 Q3

03 Q1

02 Q3

02 Q1

01 Q3

01 Q1

00 Q3

00 Q1

99 Q3

99 Q1

98 Q3

96 Q3

96 Q1

98 Q1

Rent (in dollars)

Percent Vacant

Vacancy Rate by Quarter


for Denver County

14

12

10

Vacancy Rate by Market Area by Quarter


for Denver County
50
15 Q1

45

15 Q2

40

15 Q3
15 Q4

Percent Vacant

35
30
25
20
15
10
5
0

DenverCentral/Capitol Hill

Denver-Downtown

Denver-East
Central/Lowry

Denver-Far SE

Denver-North
Central/City Park

Denver-Northeast

Denver-Northwest

Denver-South
Central/Wash Park

Denver-Southeast

Denver-Southwest Denver-West Central

Denver County
Average

Market Area

Average Rent by Market Area by Apartment Type


for Denver County
4500

4000

Efficiency
2 Bed, 1 Bath
3 Bed

1 Bed
2 Bed, 2 Bath
All

Rent (in dollars)

3500

3000

2500

2000

1500

1000

500

DenverDenver-Downtown
Central/Capitol Hill

Denver-East
Central/Lowry

Denver-Far SE

Denver-North
Central/City Park

Denver-Northeast Denver-Northwest

Market Area

VI-2

Denver-South
Denver-Southeast Denver-Southwest
Central/Wash Park

Denver-West
Central

Denver County
Average

Vacancy Rate by Age of Building


for Denver County
30
15 Q1
15 Q2

25
15 Q3

Percent Vacant

15 Q4

20

15

10

0
To 1939

1940-49

1950-59

1960-69

1970-79

1980-89

1990-99

2000-09

2010 up

Year Built

Vacancy Rate by Size of Building


for Denver County
10
9

15 Q1

Percent Vacant

15 Q2

15 Q3

15 Q4

6
5
4
3
2
1
0
Up to 8

9 to 50

51 to 99

100 to 199

Number of Units in Building

VI-3

200 to 349

350 up

Rent per Square Foot by Apartment Type


for Denver County
2.5

Rent per Square Foot (in dollars)

15 Q1
15 Q2

15 Q3
15 Q4

1.5

0.5

0
Efficiency

One Bedroom

Two Bed, One


Bath

Two Bed, Two


Bath

Three Bed

Average

Apartment Type

Rent per Square Foot by Apartment Unit Size


for Denver County
2.5

Rent per Square Foot (in dollars)

15 Q1
15 Q2

15 Q3
15 Q4

1.5

0.5

0
499 below

500 to 749

750 to 999

Apartment Unit Size (in square feet)

VI-4

1000 above

200

96 Q1
96 Q2
96 Q3
96 Q4
97 Q1
97 Q2
97 Q3
97 Q4
98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1
14 Q2
14 Q3
14 Q4
15 Q1
15 Q2
15 Q3
15 Q4

Number of Apartment Units


90000
96 Q1
96 Q2
96 Q3
96 Q4
97 Q1
97 Q2
97 Q3
97 Q4
98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1
14 Q2
14 Q3
14 Q4
15 Q1
15 Q2
15 Q3
15 Q4

Number of Apartment Units

Estimate of Total Apartments by Year


for Denver County

120000

115000

110000

105000

100000

95000

Year

New Apartment Units Added by Year


for Denver County

1800

1600
1577

1400
1474
1443
1410

1200
1271
1094

400

433

191

15

20

467

190 191
153 142
146
1240

1000

800
736

600

348
346

149
105 113

37 22
0
764
890

643
631

394
306

698

520

556

394

535

609
605

436

250
193
142 141
108

VI-5

142
140
110
79
37
30
0000
0

Year

201 203
151

573

333

276
190 215
169
146
135
87
41 66
700
000

344

124

Vacancy Rates by Market Area by Apartment Type


for Denver County
35
Efficiency

30

One bedroom
Two bed, one bath
Two bed, two bath

Percent Vacant

25

Three bedroom
All

20
15
10
5
0

DenverDenver-Downtown
Central/Capitol Hill

Denver-East
Central/Lowry

Denver-Far SE

Denver-North
Central/City Park

Denver-Northeast Denver-Northwest

Denver-South
Denver-Southeast Denver-Southwest
Central/Wash Park

Denver-West
Central

Denver County
Average

Market Area

Vacancy Rate by Apartment Type by Quarter


for Denver County
14
15 Q1
15 Q2

12

15 Q3
15 Q4

Percent Vacant

10
8
6
4
2
0
Efficiency

One Bedroom

Two Bed, One Bath Two Bed, Two Bath

Apartment Type

VI-6

Three Bed

Average

Median Rent by Apartment Type by Quarter


for Denver County
1800
15 Q1

1600

Rent (in dollars)

1400

15 Q2
15 Q3
15 Q4

1200
1000
800
600
400
200
0
Efficiency

One Bedroom

Two Bed, One BathTwo Bed, Two Bath

Three Bed

Average

Apartment Type

Average Rent by Size of Building


for Denver County
1800
$1,541.07

1600
$1,330.17

Rent (in dollars)

1400
1200
1000

$1,086.54
$898.63

800
600
400
200
0
Up to 6 units

7 - 36 units

37 + units

Size of Building

VI-7

5 Story or More

Vacancy Rates by Market Area for Denver County


First Figure = Rate for Quarter in Percent
Second Figure = Change from Year Ago
Third Figure = Twelve Month Average
2006
County
DenverCentral/Capitol
Hill
DenverDowntown
Denver-East
Central/Lowry
Denver-Far SE

Denver-North
Central/City
Park
DenverNortheast
DenverNorthwest
Denver-South
Central/Wash
Park
DenverSoutheast
DenverSouthwest
Denver-West
Central
Denver County

1st

2nd

2007
3rd

4th

1st

2nd

3rd

2008

2009
4th

1st

2010

4th

1st

2nd

3rd

2nd

3rd

4th

1st

2nd

7.1
6.0 7.0 6.7 7.0 5.1
5.9
5.0
-2.1 -2.9 -0.4 -1.4 -1.3 -4.1 -3.8 -4.3
8.8
8.0 7.3 6.7 6.7 6.4
6.2
5.7
3.3
4.9 8.0 6.7 7.8 7.1
4.3
4.9
-8.0 -4.3 2.0 -4.0 -0.5 -0.3 -4.0 -0.1
6.0
5.4 5.3 5.7 6.8 7.4
6.4
6.0
13.6
6.1 6.5 7.9 8.0 7.8
5.5
5.0
-4.9 -10.3 4.6 -3.7 -7.3 -1.9 -14.6 -12.2
15.2 14.2 10.8 8.5 7.1 7.5
7.3
6.6
5.3
5.3
8.7 10.0 9.7 6.2 6.9 5.2
-1.7 -2.8 0.2 -4.7 -4.5 -5.4 -3.3 -5.2
9.6
9.4 9.7 8.7 8.2 7.0
5.9
5.7
3.8
5.1 3.1 6.7 1.8 1.6
3.0
3.4
-6.2 -1.1 -4.2 -1.3 -9.8 -6.0 -0.2
0.2
4.5
3.8 3.8 4.7 4.2 3.3
3.3
2.5
10.9 13.7 4.1 7.3 7.2 6.9
5.5
6.0
4.1
5.5 -9.6 -4.0 -1.1 -5.6 -19.4 -6.8
15.3 15.6 10.4 9.0 8.1 6.4
6.7
6.4
4.3
5.4 6.2 3.1 4.3 6.7
3.7
3.7
-11.4 -0.9 -1.0 -9.8 -4.5 0.4 -2.0 -8.0
7.0
6.8 6.9 4.8 4.8 5.1
4.5
4.6
12.3 12.7 13.1 14.0 12.1 9.6
7.2
6.6
-2.9 -0.2 -3.8 1.1 -0.3 1.3 -15.3 -8.2
14.4 15.6 13.2 13.0 13.0 12.2 10.7
8.8
8.4
6.2 4.4 6.7 7.1 6.3
6.9
6.9
-1.2 -2.1 -2.6 -0.8 -0.5 -0.8 -1.0 -0.1
7.6
7.4 6.5 6.4 6.1 6.1
6.8
6.8
5.2
5.6 7.7 6.3 6.3 5.4
6.8
4.1
-0.2 -2.8 2.3 -1.2 -0.5 -1.3
0.6 -1.6
6.2
5.7
5.9
5.7 6.1 6.2 6.5 6.5
7.8 13.0 6.7 6.3 5.4 5.8
8.4 15.0
1.7
5.7 -3.2 -7.6 -6.5 -1.5 -3.7
5.7
9.1 10.5 9.2 8.4 7.8 6.1
6.5
8.7
7.8
7.6 7.3 6.9 7.2 6.1
5.7
5.5
-1.4 -1.1 -2.3 -1.8 -0.6 -1.5 -1.6 -1.4
8.7
8.4 7.9 7.4 7.3 6.9
6.5
6.1

4.7
-2.4
5.2
3.6
0.2
4.9
5.5
-8.1
5.9
5.0
-3.7
5.2
2.4
-1.4
2.6
8.1
-2.8
6.6
5.1
0.7
4.8
8.8
-3.5
8.0
4.5
-3.9
6.2
6.1
1.0
5.6
5.6
-2.3
8.7
5.1
-2.1
5.6

5.4
-0.6
5.2
4.6
-0.3
4.3
5.8
-0.2
5.5
6.7
-3.3
5.6
3.8
-1.3
3.2
7.3
-6.4
6.7
5.0
-0.4
4.4
9.9
-2.8
8.1
4.3
-1.9
5.7
6.0
0.4
5.7
4.5
-8.5
8.4
5.7
-0.5
5.5

6.6 7.6 9.5 9.6


-0.4 2.6 4.8 4.2
5.4 6.1 7.3 8.3
5.4 7.6 8.4 7.8
-2.6 2.7 4.8 3.1
4.6 5.3 6.5 7.3
4.4 7.5 8.0 8.5
-2.0 2.5 2.6 2.7
5.2 5.8 6.5 7.1
7.0 8.7 10.9 16.4
-2.7 3.4 5.9 9.7
6.0 6.8 8.3 10.7
4.0 5.2 4.4 10.2
0.9 1.9 2.0 6.3
3.4 3.9 4.4 6.0
7.6 8.1 4.6 6.6
3.5 2.1 -3.5 -0.7
7.2 7.8 6.9 6.7
5.1 7.9 5.6 4.5
-1.1 4.2 0.5 -0.5
4.7 5.8 5.9 5.8
7.5 9.1 8.0 9.4
-5.6 2.5 -0.8 -0.5
8.2 8.8 8.6 8.5
5.1 8.5 7.9 7.4
0.7 1.6 3.4 3.1
5.2 5.6 6.5 7.2
5.4 6.9 5.9 5.3
-2.3 2.8 -0.3 -0.6
5.4 6.1 6.1 5.9
4.5 6.9 2.3 8.6
-2.2 -8.1 -3.3 4.1
7.4 5.4 4.5 5.6
6.0 8.0 8.6 9.8
0.3 2.5 3.5 4.1
5.6 6.2 7.1 8.1

7.3
0.8
8.5
7.2
1.8
7.8
5.5
1.1
7.4
14.7
7.7
12.7
5.0
1.0
6.2
7.9
0.4
6.8
3.5
-1.6
5.4
10.0
2.5
9.1
7.2
2.1
7.8
5.9
0.4
6.0
10.1
5.5
7.0
8.5
2.5
8.7

7.7
0.1
8.5
6.8
-0.8
7.6
6.4
-1.1
7.1
15.5
6.9
14.4
8.9
3.7
7.1
6.1
-2.0
6.3
5.3
-2.6
4.7
11.0
1.9
9.6
6.8
-1.7
7.3
5.8
-1.1
5.7
7.8
0.9
7.2
8.8
0.8
8.9

7.3
-2.2
8.0
5.9
-2.5
6.9
7.2
-0.9
6.9
9.6
-1.3
14.1
5.7
1.3
7.5
5.2
0.6
6.5
4.5
-1.1
4.5
11.8
3.9
10.6
5.0
-2.9
6.6
5.4
-0.5
5.6
11.9
9.6
9.6
6.9
-1.6
8.5

6.9
-2.7
7.3
9.3
1.5
7.3
6.8
-1.7
6.5
9.4
-7.0
12.3
8.8
-1.4
7.1
6.8
0.2
6.5
5.1
0.6
4.6
9.8
0.4
10.7
5.3
-2.1
6.1
5.3
0.0
5.6
10.2
1.5
10.0
7.4
-2.3
7.9

2011
3rd

2013

2012

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

6.2
5.2
-1.1 -2.4
7.0
6.4
5.2
5.6
-2.0 -1.2
6.8
6.5
5.5
7.7
0.0
1.3
6.5
6.8
5.1
5.1
-9.6 -10.4
9.9
7.3
2.3
1.2
-2.7 -7.7
6.4
4.5
4.5
4.8
-3.5 -1.3
5.6
5.3
5.5
4.1
2.0 -1.2
5.1
4.8
8.6
4.4
-1.4 -6.6
10.3
8.7
4.8
4.8
-2.4 -2.0
5.5
5.0
4.2
5.4
-1.7 -0.5
5.2
5.1
6.8
2.8
-3.3 -5.0
7.9
9.1
5.3
5.2
-3.2 -3.6
7.1
6.2

3.7
-3.5
5.5
5.1
-0.7
6.3
6.9
-0.3
6.7
4.3
-5.3
6.0
2.3
-3.4
3.6
5.7
0.5
5.5
8.6
4.1
5.8
4.6
-7.2
6.9
4.9
-0.1
5.0
4.6
-0.8
4.9
4.1
-7.8
6.0
4.8
-2.1
5.7

3.6
-3.3
4.7
3.3
-6.0
4.8
5.2
-1.6
6.3
4.5
-4.9
4.7
4.2
-4.6
2.5
5.1
-1.6
5.0
3.0
-2.1
5.3
4.9
-4.9
5.6
4.2
-1.1
4.7
3.7
-1.6
4.5
1.4
-8.8
3.8
4.1
-3.3
4.9

3.2
-3.0
3.9
3.6
-1.6
4.4
5.3
-0.2
6.3
5.1
0.0
4.7
0.9
-1.4
2.1
4.4
0.0
5.0
2.7
-2.8
4.6
5.8
-2.8
5.0
4.2
-0.6
4.5
4.2
0.0
4.5
0.7
-6.1
2.2
4.3
-1.0
4.6

3.8
-1.5
3.6
4.4
-1.3
4.1
5.6
-2.1
5.8
5.8
0.7
4.9
2.3
1.1
2.4
5.8
0.9
5.3
5.5
1.4
5.0
3.4
-0.9
4.7
4.1
-0.8
4.3
5.4
0.0
4.5
2.7
-0.1
2.2
4.8
-0.5
4.5

2.6
-1.1
3.3
4.0
-1.1
3.8
6.3
-0.6
5.6
5.6
1.3
5.3
4.9
2.6
3.1
4.9
-0.8
5.1
3.2
-5.5
3.6
3.5
-1.2
4.4
3.4
-1.4
4.0
3.4
-1.2
4.2
0.0
-4.1
1.2
4.2
-0.6
4.3

3.7
0.1
3.3
4.9
1.6
4.2
4.7
-0.6
5.5
5.3
0.8
5.5
2.3
-1.8
2.6
4.8
-0.4
5.0
5.2
2.2
4.1
4.2
-0.7
4.2
6.2
2.0
4.5
3.9
0.2
4.3
2.7
1.4
1.5
4.8
0.6
4.5

2.5
2.9
-0.7 -0.9
3.1
2.9
5.7 11.1*
2.1
6.8
6.5
4.8
6.6
6.9
1.3
1.2
5.8
6.1
4.4
4.6
-0.7 -1.2
5.3
5.0
1.5
5.1
0.6
2.8
2.8
3.5
3.9
6.5
-0.5
0.8
4.8
5.0
3.3
3.6
0.6 -1.9
4.3
3.8
4.1
4.0
-1.7
0.6
3.8
4.0
4.8
7.6
0.6
3.5
4.6
5.5
2.9
2.6
-1.3 -2.8
3.9
3.2
8.2
5.9
7.5
3.2
3.4
4.2
4.3
6.1
0.0
1.4
4.5
4.9

2.9
0.3
3.0
9.6
5.6
6.7
6.8
0.5
6.2
4.5
-1.1
4.7
3.3
-1.6
3.1
4.2
-0.7
4.9
0.0
-3.2
3.0
4.9
1.4
4.3
6.1
2.7
6.2
4.1
0.7
3.4
6.2
6.2
5.8
5.4
1.2
5.1

4.1
0.4
3.1
6.9
1.9
7.4
4.2
-0.4
6.1
4.3
-1.0
4.5
2.1
-0.3
3.0
4.8
0.0
4.9
1.2
-4.0
2.0
6.1
1.9
4.8
3.1
-3.0
5.4
4.9
1.0
3.6
3.3
0.6
5.9
4.6
-0.2
5.1

Due to rounding of the vacancy rate, numbers may not always add exactly.
* vacancy rate affected by new units leasing up

VI-8

2015

2014
3rd

4th

1st

2nd

3rd

4th

4.6
5.6
6.4
2.1
2.7
3.5
3.6
4.3
5.2
6.1 10.9* 11.8*
0.4 -0.2
7.8
7.5
7.5
8.3
4.1
6.2
5.5
-2.4 -0.7 -1.3
5.5
5.3
5.0
4.0
5.3
5.2
-0.4
0.7
0.7
4.4
4.5
4.7
3.2
3.2
5.7
1.6 -1.9
2.4
3.4
2.9
3.5
3.1
6.3
2.9
-0.8 -0.2 -1.3
4.7
4.6
4.3
3.8
3.9 19.9*
0.6
0.4 16.7
2.1
2.2
7.2
10.0
6.5
8.8
5.9
2.4
4.0
6.3
6.9
7.9
3.6
4.5
3.5
-1.2 -3.2 -2.6
5.1
4.3
3.7
3.4
4.0
9.9
0.5
1.3
5.8
3.8
4.1
5.5
3.1
4.6
3.1
-5.1 -1.3 -3.0
4.6
4.3
3.6
4.6
6.1
6.8
0.3
0.0
1.5
5.2
5.2
5.5

6.5
2.4
5.8
7.7
0.8
6.9
4.3
0.1
5.0
3.6
-0.7
4.5
4.1
2.0
4.0
4.8
0.0
4.3
12.0
10.8
6.6
18.4
12.3
10.9
3.4
0.3
3.7
1.9
-3.0
4.8
2.7
-0.6
3.4
5.6
1.1
5.8

2.3
-2.3
5.2
4.3
-1.8
6.0
3.8
-0.3
5.0
3.2
-0.8
4.3
2.2
-0.9
3.8
3.5
0.4
4.4
2.6
-1.2
6.2
7.1
-2.9
10.2
3.6
0.0
3.7
1.8
-1.6
4.4
3.2
0.1
3.4
3.5
-1.1
5.5

6.9
1.3
5.5
4.5
-6.4
5.5
6.8
0.6
5.1
4.2
-1.1
4.1
2.4
-0.8
3.6
3.3
-3.0
3.6
3.1
-0.8
5.9
5.7
-0.7
10.0
3.8
-0.6
3.6
2.8
-1.1
4.1
1.8
-2.8
2.7
4.6
-1.5
5.1

1st

2nd

3rd

4th

5.4
3.5
-0.9 -3.0
5.3
4.6
11.1
9.1
-0.7
1.4
6.9
7.2
4.1
3.7
-1.4 -0.6
4.8
4.6
7.0
3.5
1.7 -0.1
4.5
4.5
4.5
3.0
-1.2 -1.1
3.3
3.0
3.0
2.3
0.1 -2.4
3.6
3.0
11.4 28.5
-8.5 16.5
7.3 11.4
6.1
4.7
-2.7 -13.7
9.3
5.9
4.4
3.9
0.9
0.5
3.8
3.9
3.6
2.6
-6.3
0.8
2.5
2.7
3.5
3.2
0.4
0.4
2.8
2.9
6.3
5.4
-0.5 -0.2
5.0
5.0

4.0
1.6
5.0
9.7
5.5
8.6
1.6
-2.2
4.0
3.7
0.5
4.6
3.6
1.4
3.4
2.7
-0.8
2.9
43.3
40.7
21.6
2.0
-5.1
4.6
3.5
-0.1
3.9
3.5
1.7
3.1
3.8
0.6
3.1
5.3
1.8
5.4

5.3
-1.6
4.6
11.2
6.6
10.3
6.9
0.1
4.1
6.8
2.6
5.3
5.3
2.9
4.1
4.1
0.8
3.0
17.4
14.2
25.1
5.8
0.1
4.6
7.3
3.5
4.8
4.2
1.4
3.5
3.5
1.6
3.5
7.6
3.0
6.2

County

Vacancy Rates by Size of Building


by Market Area for Denver County

Vacancy Rates by Size of Apartment Unit


by Market Area for Denver County

(In Percent)

(In Percent)

Number of
Units

Denver-Central/Capitol Up to 8
Hill
9 to 50
51 to 99
100 to199
200 to 349
350 up
Up to 8
Denver-Downtown
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Up to 8
Denver-East
9 to 50
Central/Lowry
51 to 99
100 to 199
200 to 349
350 up
Up to 8
Denver-Far SE
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Up to 8
Denver-North
9 to 50
Central/City Park
51 to 99
100 to 199
200 to 349
350 up
Up to 8
Denver-Northeast
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Up to 8
Denver-Northwest
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Up to 8
Denver-South
9 to 50
Central/Wash Park
51 to 99
100 to 199
200 to 349
350 up
Up to 8
Denver-Southeast
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Up to 8
Denver-Southwest
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Denver-West Central Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Up to 8
Denver County
9 to 50
51 to 99
100 to 199
200 to 349
350 up

2015

2015

1st

2nd

3rd

4th

County

0.0

2.7

6.3

2.5

2.7
2.4
13.4
3.1

3.0
2.6
5.5
2.2

2.9
4.0
2.5
5.4
6.3

5.1
4.9
3.7

0.0
0.0
25.6
10.1
4.4
0.0
0.0
3.9

2.4
7.1
21.9
11.3
9.0
0.0
15.2
5.0
4.7
6.7

0.0
6.8
16.7
4.8
0.0
3.1
2.6
6.4
4.2

2.0
13.6
4.4
0.0
1.1
3.9

0.6

0.0

0.0

3.7
3.8
8.9
0.0
5.9
1.7
4.1

3.3
5.0
3.1
0.0
3.5
0.0
3.6

3.6
3.3
4.0
0.0
4.7

6.5
5.8
7.6
0.0
5.7

0.0
7.7

0.0

2.0

0.0
0.0

4.1
3.4
2.9
7.7
3.4
41.0
2.5

7.6
2.3
2.1
4.5
4.5
25.4
41.5

4.1
5.8
1.9
0.0
0.0

11.1
7.1

0.0
7.2

6.5
0.0
8.2

3.7
0.4
6.0
0.0
4.2
1.7
3.4
3.9
5.7
12.5
3.9
6.5

1.7
15.2
2.8
4.2
0.0
3.9
1.9
1.2
4.5
0.3

29.8
51.8

3.4
4.0
4.1
0.0
0.0
3.0
10.6
38.0

0.0
0.0

0.0
3.7

2.0

8.4
6.0
0.0

0.0

6.4
4.8
9.0
6.0
0.0
0.0
4.5
4.8
2.4
0.0
0.0
7.2
0.4
4.5
0.9
5.2
5.2
8.4
8.6
7.1

0.0

2.0

1.9
4.8
1.6
0.0
0.0

8.9
1.3

6.4
1.7

7.3
2.5

3.6
3.5
5.9
7.6
6.7
6.0

3.0
3.3
5.2
6.1
6.5
3.2

2.4
2.3
3.5
8.6
6.7
3.5

2.8
0.5

1st

2nd

3rd

4th

Denver-Central/Capitol 499 below


Hill
500 to 749
750 to 999
1000 above

2.4
3.3
10.8
13.1

3.2
2.3
5.9
4.1

3.6
3.6
4.5
4.8

4.1
4.8
6.1
8.1

Denver-Downtown

499 below
500 to 749
750 to 999
1000 above

1.3
15.2
8.0
10.9

3.0
7.9
9.1
11.1

0.0
5.8
13.0
9.6

4.8
9.1
12.3
12.4

Denver-East
Central/Lowry

499 below
500 to 749
750 to 999
1000 above

0.0
2.7
5.6
5.8

0.0
2.0
3.7
5.9

0.0
2.3
0.0
2.5

17.3
6.5
6.6
4.1

Denver-Far SE

499 below
500 to 749
750 to 999
1000 above

1.3
8.3
4.5
8.8

0.6
3.9
3.5
3.2

2.9
3.8
3.6
3.5

5.4
4.9
7.3
9.3

Denver-North
Central/City Park

499 below
500 to 749
750 to 999
1000 above

3.3
3.4
4.2
8.3

3.1
2.0
2.8
4.6

0.0
0.0
9.1
16.7

6.8
1.8
6.3
16.7

Denver-Northeast

499 below
500 to 749
750 to 999
1000 above

2.4
2.7
4.1

1.9
2.8
2.3

1.8
3.5
2.8

4.4
3.5
4.3

Denver-Northwest

499 below
500 to 749
750 to 999
1000 above

4.5
6.0
17.7
32.6

82.8
8.4
23.5
6.1

0.0
27.0
41.9
57.5

6.5
5.5
21.3
35.8

Denver-South
Central/Wash Park

499 below
500 to 749
750 to 999
1000 above

6.4
7.3
0.6
9.4

11.1
4.7
0.9
6.3

0.0
1.4
1.7
2.4

7.2
1.9
4.2
11.9

Denver-Southeast

499 below
500 to 749
750 to 999
1000 above

1.3
3.2
6.4
3.9

2.3
3.5
4.3
4.6

2.0
4.0
2.7
4.2

4.7
9.7
4.7
7.9

Denver-Southwest

499 below
500 to 749
750 to 999
1000 above

2.5
2.6
4.6
3.4

6.5
2.5
2.3
3.2

0.0
1.2
4.5
5.1

0.0
4.8
3.4
4.5

Denver-West Central

499 below
500 to 749
750 to 999
1000 above

4.9
1.6

3.8
4.5

0.0

2.8
3.6
100.0
0.0

0.0

4.2
2.9
4.8
0.0

499 below
500 to 749
750 to 999
1000 above

2.8
6.3
6.1
7.8

7.2
4.0
5.0
5.6

2.8
4.0
6.5
5.8

5.1
6.5
8.0
9.1

8.9

5.5
3.0

5.9
0.0
4.7
4.6
2.5

Square Feet in Unit

Denver County

* vacancy rate affected by new units leasing up

VI-9

Vacancy Rates by Apartment Type


by Market Area for Denver County

Vacancy Rates by Age of Building


by Market Area for Denver County
(In Percent)

(In Percent)
2015

0.0
5.5
2.9
5.1
18.3
1.2

0.0
4.6
4.1
8.8
15.3
0.0

3.2
2.1
1.9
5.4
0.0

1.5
3.1

8.0
1.5
6.7
21.7
0.0
1.2
6.9
0.0
4.8
3.5
0.0

8.7
7.1
5.9
19.2
7.8
12.6
6.1
1.0
4.7

3.5
6.3
2.7
5.4
54.4
2.5
10.0

2.2
6.5
3.2
5.5

0.0
3.6
4.0
3.0
3.9

1.0
7.7

6.5
0.0

5.2
1.7
6.7

3.6
0.0
0.0

2.0

0.0

2.6

1.7

1.4

3.8

3.4
3.2
4.1
6.5
0.0
0.0
1.4

2.3
2.7
7.6
6.7
0.0
0.0
1.4

5.8
2.9
4.1
0.0
0.0

4.0
4.8
3.4
0.0
4.0

17.1
0.0
7.9
5.0
5.7

52.4
0.0
7.0
5.0
4.2

46.2
0.0
0.0

0.0

2.9

1.1
5.2

3.5
5.5
3.1
3.2

0.0
6.4
3.2
3.4
1.6

4.8
5.0
5.3
5.5
35.1
5.0
5.8

0.0

1.1

4.6
2.8
5.6
3.7
6.3

21.2
22.2
4.6
0.0
0.4
4.6
13.1
0.0
16.3
4.8
4.4
5.6

5.6
1.2
3.6
3.2

8.3

0.0

0.0

3.9
1.7

2.6
3.1
4.8

6.2
4.7
0.0
3.9

4.2
2.7
3.8
3.3

5.0
0.0
4.2

4.7
3.3
4.5
3.5
6.0
0.0
3.6

0.0

0.0

0.0

0.0

2.1
4.0
4.0
5.2
3.2
5.1
24.2

2.9
3.9
2.4
4.3
2.5
4.4
18.8

3.2
3.9
2.9
4.5
3.9
5.7
16.8

4.6
8.2
5.1
5.9
5.3
5.2
19.3

* vacancy rate affected by new units leasing up

VI-10

DenverCentral/Capitol Hill

2.6
6.4
5.0
2.5

Denver-Downtown

2.1
3.8
0.0

Denver-East
Central/Lowry

1.8
22.4

Denver-Far SE

2.8
66.0

Apartment Type

Denver-North
Central/City Park

4th
4.4
3.9
6.7
8.9

Denver-Northeast

3rd
3.6
3.5
2.1
6.3

Denver-South
Denver-Northwest
Central/Wash Park

2nd
2.9
1.5
1.9
7.1

Denver-Southwest Denver-Southeast

1st
1.9
3.6
2.2
13.1

Denver-West
Central

Year
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up

Denver County

Denver County

Denver-West
Central

Denver-Southwest Denver-Southeast

Denver-South
Denver-Northwest
Central/Wash Park

Denver-Northeast

Denver-North
Central/City Park

Denver-Far SE

Denver-East
Central/Lowry

Denver-Downtown

DenverCentral/Capitol Hill

County

County

Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All

2015
1st
2.0
5.9
1.4
12.6
22.2
30.0
5.4
24.4
7.4
4.8
9.8
8.5
0.0
11.1
0.0
2.7
5.7
4.6
8.8

2nd
3.7
3.3
3.4
5.1
0.0
10.0
3.5
12.2
7.6
3.0
10.8
5.2
13.0
9.1
4.7
2.5
2.6
6.3
3.5

4.1
16.0
5.8
4.7
7.3
11.4
3.8
7.0
3.6
3.2
0.0
7.5
16.7
25.0
4.5
5.9
2.3
2.8
4.3
2.7

3.7
1.9
4.0
1.8
3.9
2.3
5.0
3.5
0.0
3.4
0.0
4.1

3.0
22.5
9.8
3.7
19.0

3.0
2.9
2.5
2.0
2.7
0.6
0.0
2.3
59.5
24.2
48.9
7.0

0.0
11.4
8.5
4.4
5.5
9.6
30.8
0.0
6.1
1.4
3.2
8.9
3.3
0.0
0.0
4.4
2.0
3.9
3.0
3.4
18.8

0.0
28.5
8.2
4.0
4.3
5.8
8.3
0.0
4.7
2.5
3.6
4.7
4.5
0.0
0.0
3.9
11.1
2.1
2.3
3.0
0.0

3.6
8.6
4.0
1.5

2.6
6.8
2.1
2.2
100.0
20.0
0.0
3.2
7.7
4.5
3.9
5.8
2.5
3.9
4.9

0.0
0.0
3.5
13.1
5.1
4.7
6.9
9.5
3.9
6.3

3rd
4.1
3.7
5.3
2.9
6.7
0.0
4.0
3.9
12.6
8.7
8.3
0.0
22.7
9.7
0.0
2.5
0.4
4.5
0.0
0.0
1.6
4.8
3.7
3.6
3.7
1.5
0.0
3.7
0.0
2.9
25.0
0.0

4th
3.9
4.8
8.4
6.1
8.3
0.0
5.3
10.3
10.9
13.2
11.8
4.2
28.2
11.2
15.6
7.0
6.0
2.4
7.9
0.0
6.9
5.5
7.1
3.1
8.2
4.8
8.1
6.8
10.3
3.0
0.0
33.3
25.0

3.6
1.5
3.0
2.1
2.9
2.8
0.0
2.7
28.6
42.9
0.0
50.3
0.0
0.0
43.3
2.0
2.1
0.0
5.7
0.0
0.0
2.0
1.4
3.7
2.8
4.3
2.4
0.0
3.5

5.3
4.4
4.1
3.5
4.4
3.9
0.0
4.1
7.4
15.3
5.2
29.9
0.0
0.0
17.4
4.5
4.5
2.2
11.8
0.0
0.0
5.8
6.2
8.2
5.2
7.0
30.8
0.0
7.3

2.3
4.2
5.7
1.7
0.0
3.5
5.0
3.3
4.9

4.4
3.1
4.4
3.4
3.3
4.2
6.7
4.1
2.4
0.0
0.0
0.0
3.5
7.7
7.5
5.1
8.9
6.2
10.4
7.6

0.0
0.0
3.8
4.0
5.9
3.5
6.0
1.8
2.8
5.3

Average Rents by Apartment Type


by Market Area for Denver County

Average Rents by Age of Building


by Market Area for Denver County

(In Dollars)

(In Dollars)
2015

County

1st

2nd

2015
3rd

4th

Denver-Central/Capitol Hill
Efficiency

1st

2nd

3rd

4th

To 1959

1011.69

1040.58

1036.85

1053.34

County

Year Built

Denver-Central/Capitol Hill
842.20

865.97

888.85

928.15

1960-69

1064.57

1106.29

1161.60

1130.58

1 Bed

1111.85

1144.26

1204.63

1190.80

1970-79

1110.25

1085.37

1214.82

1265.40

2 Bed, 1 Bath

1354.47

1428.66

1653.59

1644.29

1980-89

1720.56

1721.78

1729.17

1895.96

2 Bed, 2 Bath

1820.82

1799.44

1974.78

1915.22

1990-99

3 Bed

2022.41

2051.66

2653.23

2709.97

2000-09

1544.07

1636.71

1649.19

1475.42

All
Denver-Downtown

1162.83

1193.61

1317.15

1303.67

2010 up

2156.54

2315.83

2402.56

1927.82

904.07

968.11

Efficiency

1314.52

1325.21

1296.07

1306.74

1960-69

1 Bed

1489.49

1551.80

1593.10

1614.23

1970-79

2 Bed, 1 Bath

1630.83

1663.49

1722.58

1576.59

1980-89

2 Bed, 2 Bath

2066.60

2129.17

2089.04

2190.23

1990-99

3 Bed

2347.32

2978.58

3027.79

2995.24

All
Denver-East Central/Lowry

1634.92

1695.97

1709.93

1730.65

Efficiency

Denver-Downtown

Denver-East Central/Lowry

To 1959

993.88
1105.93

1147.74

1550.11

1555.65

1664.57

1569.68

1428.19

1509.91

1822.87

1748.82

2000-09

1606.90

1767.47

1748.88

1685.93

2010 up

1838.07

1851.57

1751.50

1977.93

To 1959

803.90

959.16

1023.86

1121.25

821.00

875.58

500.00

914.47

1960-69

759.63

1 Bed

1014.83

1097.75

840.49

927.24

1970-79

978.73

1010.13

1017.72

1037.94

2 Bed, 1 Bath

1114.95

1164.45

1090.20

1181.43

1980-89

691.41

783.85

801.04

801.56

2 Bed, 2 Bath

1493.94

1540.28

835.00

1305.12

1990-99

1501.66

1590.84

3 Bed

1869.74

1898.21

1503.64

1738.60

2000-09

1351.07

1369.62

All
Denver-Far SE

1221.84

1290.92

981.94

1086.40

2010 up

1388.33

1333.33

Denver-Far SE

1002.85

1417.19

To 1959

Efficiency

980.29

900.37

920.68

897.98

1960-69

1 Bed

993.49

1016.46

1063.22

1056.75

1970-79

917.21

987.30

993.90

977.91

2 Bed, 1 Bath

1081.67

1061.20

1145.08

1104.89

1980-89

1159.57

1248.98

1182.12

1168.67

2 Bed, 2 Bath

1323.41

1301.34

1390.11

1382.03

1990-99

1413.18

1336.95

1506.89

1484.25

3 Bed

1596.47

1419.53

1567.32

1546.29

2000-09

1417.79

1413.86

1421.62

1385.86

All
Denver-North Central/City Park

1103.22

1105.05

1178.88

1155.51

2010 up

1597.66

To 1959

956.71

1035.25

842.48

1138.34

1011.20

1054.85

1043.33

1054.46

Efficiency

Denver-North Central/City Park


726.82

797.27

721.25

885.90

1960-69

1 Bed

1391.50

2 Bed, 1 Bath

1217.00

1476.02

949.71

1113.70

1970-79

1323.93

1015.00

1366.88

1980-89

2 Bed, 2 Bath

2122.53

2391.76

3 Bed

1254.33

All
Denver-Northeast

1428.38

Efficiency

1550.93

1067.36

1519.08

1345.00

1990-99

1300.50

1425.00

2000-09

1738.47

1965.91

930.13

1109.64

2010 up
To 1959

1447.75

1490.00

925.00

958.85

771.22

973.67

870.88

892.85

935.49

959.40

Denver-Northeast
1050.00

833.00

833.00

938.00

1960-69

1 Bed

964.45

995.10

1015.30

1019.73

1970-79

2 Bed, 1 Bath

903.45

975.24

1053.60

1070.89

1980-89

2 Bed, 2 Bath

1381.69

1446.97

1456.32

1360.56

1990-99

1330.17

1404.06

1403.98

1406.75

3 Bed

1652.90

1611.92

1791.22

1604.37

2000-09

1215.01

1335.38

1415.80

1245.36

All
Denver-Northwest

1088.61

1141.75

1177.04

1150.62

2010 up
To 1959

1544.46

1678.12

1615.88

1675.76

908.60

1026.18

897.09

1093.12

Efficiency

1367.70

1342.11

1342.38

1431.32

1960-69

1121.96

1230.65

811.25

1130.99

1 Bed

1366.48

1218.44

1703.64

1614.79

1970-79

725.00

795.00

2 Bed, 1 Bath

1332.41

1641.00

914.33

1552.53

1980-89

748.44

829.69

2 Bed, 2 Bath

2084.08

1939.47

2409.87

2286.51

1990-99

970.00

970.00

All
Denver-South Central/Wash Park

1423.40

1341.42

1903.45

1750.20

2010 up
To 1959

1802.63

1731.70

1972.68

1902.17

793.33

1165.00

820.00

1191.94

Efficiency

1046.15

1142.03

1437.05

1035.48

1960-69

1022.84

1119.23

895.71

1181.53

1 Bed

1071.42

1122.22

1341.02

1182.57

1970-79

1075.00

1150.00

2 Bed, 1 Bath

1576.32

1636.03

1108.43

1147.04

1980-89

1466.90

1490.68

1010.64

996.33

2 Bed, 2 Bath

1951.45

2002.77

1789.22

1795.50

1990-99

3 Bed

2721.08

3449.50

787.00

2567.00

2631.43

2814.29

1052.60

1411.06

All
Denver-Southeast

1352.96

1433.86

1240.65

1308.23

2026.29

1688.24

1077.16

1108.65

Denver-Northwest

3 Bed

Efficiency
1 Bed

2000-09
Denver-South Central/Wash
Park

2000-09
Denver-Southeast

700.30

1483.13

2010 up
To 1959

839.32

759.97

832.68

1960-69

1100.00

1012.50
913.90

1069.10

931.25

881.54

984.96

1068.37

1090.30

1970-79

922.53

1023.75

987.09

1074.41

2 Bed, 1 Bath

1012.33

1173.08

1091.15

1170.99

1980-89

1038.63

1180.39

1178.72

1291.39

2 Bed, 2 Bath

1115.15

1266.75

1430.57

1433.92

1990-99

1161.38

1246.62

1446.36

1432.71

3 Bed

1352.53

1422.13

1140.85

1331.62

2000-09

All
Denver-Southwest

958.89

1078.82

1152.89

1192.35

2010 up
To 1959

618.89

Efficiency

617.02

652.37

1960-69

726.59

1 Bed

1027.34

1132.39

1065.93

1069.58

1970-79

2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed

1201.20
1361.47
2414.00

1219.27
1459.83
2539.00

1214.49
1360.72
1753.86

1208.77
1482.77
1814.86

1980-89
1990-99
2000-09

1392.31

1429.62

All
Denver-West Central

1149.82

1249.29

1189.73

1232.98

2010 up
To 1959

1489.91
1361.54

Efficiency

Denver-Southwest

Denver-West Central
1000.16

999.38

1034.28

970.58

1960-69

1 Bed

871.44

911.56

888.13

985.18

1970-79

2 Bed, 1 Bath

839.49

839.49

823.84

1096.15

1980-89

2 Bed, 2 Bath
3 Bed
All
Denver County

4120.00
912.50

912.50

4150.00

1990-99

912.50

1541.67

2000-09
2010 up

1352.20
642.36

810.00

803.68

996.49

967.07

1010.54

1030.82

1162.02

1209.50

1131.65
1310.71

1076.65
1239.89
1543.85

1669.00

1515.21

1617.36

1413.46

1002.50

1002.50

863.16

871.91

888.50

1049.42

776.00

814.00

814.00

814.00

874.21

902.79

886.26

1041.41

To 1959

992.28

1035.41

1011.10

1043.54

Efficiency

1040.67

1056.90

1081.30

1108.32

1960-69

964.93

1064.63

1054.27

1102.08

1 Bed

1099.71

1162.81

1185.83

1198.80

1970-79

928.43

986.65

993.91

1020.31

2 Bed, 1 Bath

1151.55

1207.73

1188.39

1229.21

1980-89

1242.19

1306.56

1293.48

1298.97

2 Bed, 2 Bath

1544.75

1620.84

1621.56

1647.18

1990-99

1401.51

1446.89

1485.76

1448.57

3 Bed

1807.69

1826.67

1626.74

1859.66

2000-09

1477.13

1587.71

1547.30

1519.18

All

1216.47

1278.65

1294.30

1314.45

2010 up

1764.58

1829.53

1802.17

1859.47

Denver County

Rents are based on the units being unfurnished with tenants paying electricity and gas.

Rents are based on units being unfurnished with tenants paying gas and electricity.

Average rents do not reflect "rental losses" from discounts, concessions, models, delinquents, and bad debts.

Average rents do not reflect "rental losses" from discounts/concessions, models, delinquents, and bad debts.

Average rent minus rental losses equals effective rent.

Average rent minus rental losses equals effective rent.

VI-11

Average Rents by Size of Building by Market Area


for Denver County

Median Rents by Apartment Type by Market Area


for Denver County

(In Dollars)

(In Dollars)

Number of Units
Denver-Central/Capitol Hill
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Denver-Downtown
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Denver-East Central/Lowry
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Denver-Far SE
Up to 8

1st

3rd

4th

765.94
931.31
1121.76
1504.30
1319.79
1729.17

855.00
1100.91
1233.10
1458.17
1895.96

1344.30
1834.55
1606.43

700.00
1021.22
1672.01
1756.18
1679.80

1045.13
1157.06
1372.00
1916.49
1618.57

825.00
1014.40
755.22

881.25
1033.06
794.10

1194.13
1465.65

1076.01

881.25
1071.85
892.00
1417.19
1092.86

877.78

1067.36

1055.50
1193.36
1083.60

1071.63
1247.98
1067.44

1131.82
1285.32
1106.08

1035.61
1234.27
1114.77

806.25
956.98
1447.75
1900.00

692.86
1058.97
1490.00
1965.91

713.33
990.63

718.33
1143.19

735.83
982.42
1024.43
1437.88
1410.35

747.03
1023.09
1105.95
1412.20
1436.02

1313.46
1373.54
1788.58
1511.34

882.70
736.71
1406.25
1032.03
1402.11

9 to 50
51 to 99
100 to199
200 to 349
350 and up
Denver-N Central/City Park
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Denver-Northeast
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Denver-Northwest
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Denver-S Central/Wash Park
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Denver-Southeast
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Denver-Southwest
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Denver-West Central
Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 and up
Denver County
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up

2015
2nd

1 Bed

840.00
938.08

958.85

771.22

867.50
990.00

1544.46
1330.17
1020.70

1678.12
1404.06
1049.60

1615.88
1403.98
1105.62

1675.76
1406.75
1060.69

735.96
1060.26
1637.69
1482.88

828.86
1227.28
1753.82
1196.37

835.71
964.00

906.58
1279.51
1776.49
1702.76
1977.22

1805.77
2030.00

921.11
1086.82

1000.00
1294.60

820.00
895.71

966.67
1042.09

1290.65
950.42
1708.20

1306.78
969.56
1729.49

1247.54

1422.96
1359.70

1022.28
1007.67
939.28
1030.88

1118.75
845.88
1084.28
1166.20
1068.60
1031.50

887.06
928.27
1139.30
1073.41
1215.31

1110.34
1190.35
1084.42
1318.06

770.57

792.86
770.57

1030.63
607.45
734.54

County
Denver-Central/Capitol Hill
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-Downtown
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-East Central/Lowry
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-Far SE
Efficiency

878.13

897.50
616.27
779.35
726.59
1221.28
1127.27

1303.02
1256.20

908.31
1299.89
1231.29

971.96
1385.71
1147.93

981.73

1125.72

1002.50
814.00

935.00
814.00

1196.87
687.82

1219.49
687.82

1225.68
711.33

1199.18
737.29
1207.01

780.84
986.01
1028.57
1285.73
1272.43

860.30
1046.65
1109.62
1319.02
1381.24

808.11
920.49
1036.33
1322.80
1377.06

861.09
1093.24
1186.20
1312.62
1426.00

2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-N Central/City Park
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-Northeast
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-Northwest
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-S Central/Wash Park
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-Southeast
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-Southwest
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-West Central
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver County
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

2015
2nd

1st

843.75
1069.84
1429.65
1968.88
1957.00
1107.29

791.69
1181.43
1754.83
1987.53
2006.26
1251.48

903.67
1108.03
1534.00
1659.80
2101.00
1196.05

1219.76
1422.96
1574.69
1952.57
2013.50
1558.11

1343.20
1518.35
1567.05
2006.14
2013.50
1593.47

1337.41
1579.70
1812.69
2001.90
2013.50
1662.26

1239.33
1544.94
1685.66
2036.37
2769.06
1677.46

956.25
1108.26
1042.74
1467.45
1843.59
1147.40

844.50
1153.98
1115.90
1499.04
1984.90
1188.50

400.00
902.55
1113.31
838.00
1512.63
918.27

942.80
908.59
1144.65
1458.60
1548.88
1089.97

1035.20

929.40

904.33

882.46

920.17

948.62

1023.37

990.12

1013.11
1292.00
1399.06
1042.62

970.90
1231.00
1430.13
1058.16

1060.49
1319.86
1370.73
1131.22

1074.38
1364.85
1421.00
1127.47

693.42
1394.35
1352.50
2010.62
1334.00
1391.38

769.58
1470.58
1479.00
2011.77

829.43
948.67
1000.00

1701.10

1334.00
941.28

928.00
1108.38
1450.00
1319.00
1484.00
1104.85

1038.00
1076.43
717.84
1297.08
1617.65
1090.71

838.00
920.75
846.41
1464.71
1667.35
1130.83

838.00
917.99
990.12
1417.35
1918.63
1184.35

938.00
1020.65
1015.06
1311.76
1687.68
1126.55

1434.29
1542.62
1292.00
2006.25

1272.00
1526.55
1953.88
1688.00

1526.19

1480.17

1387.40
1690.42
816.00
2013.50
963.00
1855.10

1525.00
1758.21
1528.67
2360.35
963.00
1761.43

1226.63
987.10
1790.74
1696.31
2009.75
1140.19

1222.60
1081.42
1795.54
1753.67
2013.50
1261.71

1273.59
1358.18
1112.71
1690.44
788.00
1112.43

928.40
1278.04
1114.61
1748.69
2426.00
1283.84

682.62
881.41
1010.47
1124.90
1480.50
932.15

880.36
960.23
1154.90
1269.66
1529.00
1048.69

782.55
1008.65
1103.67
1577.74
1089.45
1104.66

860.47
1058.36
1144.30
1488.32
1358.58
1184.63

619.00
1005.56
1164.65
1431.75
2013.50
1147.94

711.15
1136.80
1196.00
1503.40
2013.50
1195.59

1126.35
1238.48
1408.45
1737.00
1144.91

1022.91
1180.00
1494.11
1762.00
1164.04

1085.50
645.56
740.11

1135.00
671.11
763.84

913.00
743.87

1085.55
646.89
740.11
2013.50
913.00
745.41

913.00
768.32

1035.00
1060.99
1352.09
3013.50
1660.60
1058.30

1101.92
1031.53
1058.33
1443.41
1621.48
1137.41

995.54
1112.05
1148.40
1505.47
1658.65
1188.05

1138.84
1134.86
1112.30
1588.16
1501.38
1251.29

1026.24
1098.37
1179.18
1539.27
1687.46
1240.76

Rents are based on units being unfurnished with tenants paying gas and electricity.

Average rents do not reflect "rental losses" from discounts and concessions.

Average rents do not reflect "rental losses" from discounts and concessions.
Average rent minus rental losses equals effective rent.

VI-12

4th

816.20
1044.57
1339.62
1895.50
1794.00
1105.65

Rents reflect units being unfurnished with tenants paying gas and electricity.

Average rent minus rental losses equals effective rent.

3rd

Average Rent per Square Foot by Apartment Type


by Market Area for Denver County
(In Dollars)
County
Apartment Type
Denver-Central/Capitol Hill
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-Downtown
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-East Central/Lowry
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-Far SE
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-N Central/City Park
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-Northeast
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-Northwest
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-S Central/Wash Park
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-Southeast
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-Southwest
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver-West Central
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Denver County
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

1st

2015
2nd

Average Rent Per Square Foot by Apartment Unit Size


by Market Area for Denver County
(In Dollars)

3rd

4th

County
Apartment Square Feet
Denver-Central/Capitol Hill

1.94
1.78
1.65
1.74
1.48
1.79

2.01
1.81
1.72
1.70
1.45
1.82

2.04
1.82
1.75
1.70
1.75
1.84

2.14
1.89
1.82
1.70
1.85
1.89

499 below
500 to 749
750 to 999
1000 above

2.04
1.95
1.84
1.86
1.37
1.93

2.16
2.03
1.90
1.91
1.85
2.01

2.08
2.06
1.96
1.88
1.85
2.00

2.14
2.10
1.82
1.95
1.85
2.06

499 below
500 to 749
750 to 999
1000 above

1.63
1.47
1.30
1.38
1.43
1.42

1.76
1.59
1.37
1.38
1.41
1.49

1.09
1.37
1.39
0.74
1.12
1.34

2.17
1.49
1.45
1.28
1.38
1.50

499 below
500 to 749
750 to 999
1000 above

1.79
1.37
1.23
1.29
1.21
1.36

1.81
1.46
1.29
1.27
1.18
1.39

1.92
1.50
1.35
1.32
1.35
1.44

1.89
1.48
1.32
1.30
1.31
1.43

499 below
500 to 749
750 to 999
1000 above

1.86
1.92
1.10
1.80
0.82
1.85

2.06
2.06
1.11
2.01

2.29
1.67
1.06
0.87
1.70

499 below
500 to 749
750 to 999
1000 above

2.03

2.34
1.77
1.22
1.58
0.95
1.83

2.06
1.39
1.09
1.30
1.31
1.32

1.64
1.45
1.18
1.34
1.24
1.36

1.64
1.48
1.28
1.35
1.37
1.40

1.84
1.49
1.30
1.26
1.23
1.38

499 below
500 to 749
750 to 999
1000 above

2.63
1.81
1.61
2.05

2.62
1.64
1.54
2.08
1.68

2.83
2.09
1.87
2.14
0.81
2.17

499 below
500 to 749
750 to 999
1000 above

1.88

2.54
2.10
0.95
2.20
0.81
2.11

2.01
1.60
1.64
1.57
1.78
1.67

2.08
1.65
1.69
1.60
2.10
1.72

1.96
1.71
1.48
1.55
0.76
1.42

1.91
1.63
1.48
1.55
1.79
1.63

499 below
500 to 749
750 to 999
1000 above

1.59
1.32
1.17
1.11
1.12
1.25

1.96
1.48
1.31
1.29
1.18
1.43

1.82
1.49
1.22
1.29
1.06
1.37

1.82
1.53
1.30
1.32
1.05
1.43

499 below
500 to 749
750 to 999
1000 above

1.80
1.43
1.25
1.29
1.63
1.37

2.18
1.55
1.26
1.37
1.71
1.45

1.49
1.27
1.26
1.25
1.38

1.50
1.27
1.36
1.29
1.42

2.86
1.83
1.23

2.86
1.86
1.23
4.34
1.30
1.74

2.94
1.86
1.29

2.76
1.77
1.47
4.37
1.47
1.71

1st

2015
2nd

3rd

4th

1.97
1.73
1.76
1.59

2.09
1.77
1.78
1.55

2.07
1.75
1.92
1.72

2.15
1.85
1.82
1.79

2.11
2.22
1.81
1.71

2.44
2.21
1.97
1.78

2.26
2.31
1.95
1.77

2.02
2.27
2.05
1.85

1.48
1.34
1.37

2.29
1.61
1.40
1.37

1.84
1.42
1.37
0.93

2.29
1.48
1.45
1.26

1.72
1.44
1.32
1.26

1.81
1.47
1.37
1.25

1.96
1.53
1.41
1.33

2.00
1.51
1.38
1.30

1.94
1.81
1.86
1.77

2.11
2.03
2.03
1.99

2.30
1.04
1.07
0.98

2.33
1.70
1.23
1.06

1.39
1.27
1.30

1.40
1.35
1.32

1.45
1.41
1.35

1.45
1.43
1.25

2.79
1.73
1.95
1.78

1.11
1.58
1.93
1.95

1.13
2.24
2.13
2.01

2.94
2.17
2.13
1.98

1.87
1.83
1.32
1.72

1.99
1.92
1.34
1.76

1.74
1.68
0.94

2.12
1.80
1.55
1.56

1.61
1.34
1.16
1.10

1.97
1.51
1.33
1.25

1.81
1.45
1.33
1.30

1.84
1.51
1.42
1.30

1.97
1.38
1.36
1.31

2.83
1.50
1.42
1.38

2.03
1.44
1.39
1.28

2.03
1.40
1.48
1.36

2.08
1.23

2.13
1.32

0.65

2.08
1.32
4.34
0.68

0.68

2.10
1.55
1.64
1.10

1.95
1.61
1.46
1.41

2.10
1.68
1.57
1.46

2.06
1.66
1.57
1.42

2.12
1.70
1.62
1.47

Denver-Downtown

Denver-East Central/Lowry

Denver-Far SE

Denver-N Central/City Park

Denver-Northeast

Denver-Northwest

Denver-S Central/Wash Park

Denver-Southeast

Denver-Southwest
499 below
500 to 749
750 to 999
1000 above
Denver-West Central

1.30
1.71

1.30
1.77

499 below
500 to 749
750 to 999
1000 above
Denver County

1.96
1.57
1.32
1.45
1.33
1.54

2.06
1.67
1.38
1.51
1.36
1.62

2.04
1.65
1.36
1.48
1.28
1.58

2.11
1.69
1.42
1.50
1.40
1.64

499 below
500 to 749
750 to 999
1000 above

Rents are based on units being unfurnished with tenants paying gas and electricity.

Rents are based on units being unfurnished with tenants paying gas and electricity.

Average rents do not reflect "rental losses" from discounts and concessions.

Average rents do not reflect "rental losses" due to concessions and discounts.

VI-13

Rental Losses by Size, Age


and Market Area for Denver County

Economic Vacancy Rates by Size, Age


and Market Area for Denver County

Includes Concessions and Writeoffs

Defined as Physcial Vacancy Plus Concessions and Writeoffs

Average Rent Minus Rental Losses Equals Effective Rent

as a Percentage of Gross Potential Rent

(In Percent)

(In Percent)

2015
2nd

3rd

4th

Type

1st

2nd

Up to 8

2.4

8.3

1.5

5.6

Up to 6

9 - 50

4.7

5.7

1.6

51 - 99

-1.8

8.4

8.1

8.3

200 to 349

3rd

4th

6.1

11.3

4.0

7.0

6.3

9 - 50

8.1

9.0

3.9

7.6

2.2

10.1

51 - 99

12.0

11.7

100 - 199

Size (in units)

Size

100 - 199

2015

Building

1st

Building Type

4.2

13.7

5.6

11.5

15.8

14.4

20.6

13.1

8.3

8.6

8.0

13.8

200 to 349

15.0

15.1

14.7

15.2

10.6

9.0

-0.3

12.6

350 up

16.6

12.3

3.2

14.0

To 1959

7.1

5.7

2.6

1.7

To 1959

9.1

8.6

5.8

6.7

1960-69

3.7

9.7

6.9

14.2

1960-69

7.6

13.6

10.8

19.3

350 up

Age (year built)

Age

1970-79

9.8

14.8

12.5

8.8

1970-79

13.8

17.2

15.3

13.8

1980-89

11.2

10.1

-11.4

6.6

1980-89

16.5

14.4

-6.8

11.6

1990-99

7.5

6.8

5.3

3.6

1990-99

10.7

9.3

9.2

8.7

2000-09

1.3

1.6

4.0

2.2

2000-09

6.4

6.0

9.7

7.3

2010 up

6.0

6.5

17.2

21.1

2010 up

30.3

25.3

34.1

26.1

Market Area
Denver-Central/Capitol Hill

4.5

5.1

-1.8

2.1

Market Area
Denver-Central/Capitol Hill

10.0

8.6

2.1

7.9

Denver-Downtown

9.2

1.6

11.2

2.1

Denver-Downtown

20.3

10.7

20.9

14.7

Denver-East Central/Lowry

11.5

6.8

7.7

0.9

Denver-East Central/Lowry

15.6

10.5

9.3

8.9

Denver-Far SE

13.6

11.2

-5.9

4.8

Denver-Far SE

20.6

14.7

-2.3

13.3

Denver-N Central/City Park

4.2

8.6

-2.7

1.6

Denver-N Central/City Park

Denver-Northeast

7.7

13.7

16.7

7.4

Denver-Northeast

Denver-Northwest

-3.9

35.1

-43.3

6.9

Denver-S Central/Wash Park

-2.9

-11.7

-0.4

0.3

6.2

20.5

8.5

9.5

Denver-Southeast

Denver-Southeast
Denver-Southwest

11.2

13.5

7.5

9.1

Denver-West Central

27.2

15.3

7.6

16.0

8.7

8.9

4.5

5.7

Average

VI-14

8.6

11.6

1.0

8.7

10.7

16.0

19.4

11.9

Denver-Northwest

7.5

63.6

0.0

28.8

Denver-S Central/Wash Park

3.2

-7.0

1.5

9.0

10.6

24.4

12.0

17.2

Denver-Southwest

14.8

16.1

11.0

13.3

Denver-West Central

30.7

18.5

11.4

22.1

Average

15.0

13.8

9.8

14.1

Average Rents for Denver County


(in dollars)
Efficency
Market Area Totals
Denver-Central/Capitol Hill
Denver-Downtown
Denver-East Central/Lowry
Denver-Far SE
Denver-N Central/City Park
Denver-Northeast
Denver-Northwest
Denver-S Central/Wash Park
Denver-Southeast
Denver-Southwest
Denver-West Central
Denver County Average
Buildings with up to 6 Units
Denver-Central/Capitol Hill
Denver-Downtown
Denver-East Central/Lowry
Denver-Far SE
Denver-N Central/City Park
Denver-Northeast
Denver-Northwest
Denver-S Central/Wash Park
Denver-Southeast
Denver-Southwest
Denver-West Central
Denver County Average
Buildings with 7 to 36 Units
Denver-Central/Capitol Hill
Denver-Downtown
Denver-East Central/Lowry
Denver-Far SE
Denver-N Central/City Park
Denver-Northeast
Denver-Northwest
Denver-S Central/Wash Park
Denver-Southeast
Denver-Southwest
Denver-West Central
Denver County Average
Buildings with 37 and Above Units
Denver-Central/Capitol Hill
Denver-Downtown
Denver-East Central/Lowry
Denver-Far SE
Denver-N Central/City Park
Denver-Northeast
Denver-Northwest
Denver-S Central/Wash Park
Denver-Southeast
Denver-Southwest
Denver-West Central
Denver County Average
Buildings with 5 Stories and Above
Denver-Central/Capitol Hill
Denver-Downtown
Denver-East Central/Lowry
Denver-Far SE
Denver-N Central/City Park
Denver-Northeast
Denver-Northwest
Denver-S Central/Wash Park
Denver-Southeast
Denver-Southwest
Denver-West Central
Denver County Average

928.15
1306.74
914.47
897.98
885.90
938.00
1431.32
1035.48
832.68

1 Bed

2 Bed
1 Bath

970.58
1108.32

1190.80
1614.23
927.24
1056.75
1113.70
1019.73
1614.79
1182.57
1090.30
1069.58
985.18
1198.80

1644.29
1576.59
1181.43
1104.89
1366.88
1070.89
1552.53
1147.04
1170.99
1208.77
1096.15
1229.21

750.00

833.57

1200.00

2 Bed
2 Bath

1915.22
2190.23
1305.12
1382.03
1345.00
1360.56
2286.51
1795.50
1433.92
1482.77
4150.00
1647.18

3 Bed

2709.97
2995.24
1738.60
1546.29
1425.00
1604.37
970.00
2567.00
1331.62
1814.86
1541.67
1859.66

Other

1509.55
2590.15
1671.00
1382.08
1137.50
580.00
600.00
1151.43
850.00
814.00
1463.47

1257.50

All

1303.67
1730.65
1086.40
1155.51
1109.64
1150.62
1750.20
1308.23
1192.35
1232.98
1041.41
1314.45

936.36

881.25

881.25

612.50

580.00
600.00

730.00
867.50
966.82
966.67

1147.00

590.00

800.00
898.63

1269.85

1572.90

1605.00

1366.88
1035.00
1265.45
1408.75
866.67
900.00

1345.00

1500.00

1337.33

1366.98

1516.36

814.00
845.64

1122.56
990.00
1304.23
1074.22
878.13
774.29
861.13
1086.54

1303.09
1620.20
915.76
1056.75

1871.08
1570.59
1180.54
1104.89

1959.22
2190.23
1305.12
1382.03

3304.79
2995.24
1738.60
1546.29

1500.00
2590.15
1671.00
1382.08

1443.02
1738.92
1091.51
1155.51

1072.05
1796.31
1116.73
1173.29
1213.67
1101.03
1221.00

1360.56
2361.04
1795.50
1433.92
1482.77
4150.00
1648.85

1607.50

1137.50

976.13
1134.12

1020.08
1631.30
1211.57
1090.74
1081.28
983.89
1211.15

1151.41
1785.26
1344.97
1193.20
1242.82
1050.82
1330.17

1204.04
1467.09
963.40
962.14

1418.36
1716.17
930.05
1118.69

2053.16
1686.91
1185.17
1273.44

2006.07
2262.91
850.00
1429.97

3676.11
3135.14
980.00

1500.00
2538.60

1643.49
1841.14
1012.04
1233.68

762.50
1741.57
1293.26
1052.33

862.50
2248.62
1290.00
1075.53

1112.50
2355.45
1665.77
1362.48

1137.50

1137.50

1523.53
1263.86
830.94

2419.00
1344.88

1150.00

877.85
1850.58
1414.73
1123.55

1049.00
1336.17

1213.00
1409.65

1614.00
1437.34

4150.00
1891.23

2010.57

1912.42

1199.18
1541.07

550.00

952.50
700.00

685.00
1181.25
1600.00

650.00

816.00

800.00
1037.27

845.76
725.00
917.50

1066.13
1186.21
1062.41

1363.21
1713.00
1307.50

885.90

865.00
844.27

1134.58
840.00
1061.69
1063.67
875.00
761.05
1085.00
1065.09

963.41
1320.45
913.09
897.98
938.00
1439.56
1048.22
832.68

922.22

VI-15

1200.00
1050.00
970.00

1495.00
1000.00

2567.00
1344.88
1814.86
1541.67
1874.17

1151.43
850.00
1581.23

1095.35
1068.97
1022.93

Average Rent for Apartment Building/Community Features and Amenities in Denver County
(In Dollars)
With Feature/Amenity
Feature/Amenity

Efficiency

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

Difference

Without Feature/Amenity
3 Bed

All

Efficiency

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

3 Bed

All

Outside Storage

1322.37

1350.83

1386.75

1741.90

2033.72

1484.26

916.59

1083.10

1165.39

1514.41

1703.34

1174.06

310.21

Patio or Balcony

1193.24

1231.94

1230.34

1657.72

1897.94

1356.48

839.46

1008.36

1223.48

1191.02

1246.04

1024.71

331.77

Fireplace

1096.35

1163.12

1236.69

1521.93

1851.26

1286.72

1117.58

1246.08

1221.00

1944.00

1881.42

1353.86

-67.14

Nine-Foot Ceilings

1332.88

1361.78

1470.05

1734.57

2128.40

1506.95

867.68

1018.82

1146.82

1358.54

1452.59

1080.69

426.26

Swimming Pool

1174.62

1198.56

1213.17

1621.21

1882.45

1326.04

958.58

1199.76

1314.84

2010.60

1648.26

1257.66

68.38

Spa or Sauna

1215.81

1266.16

1323.84

1656.06

1997.11

1403.27

1031.48

1129.63

1170.96

1629.00

1694.82

1216.72

186.54

Exercise Room

1193.82

1243.28

1243.62

1665.88

1992.23

1368.12

826.55

993.26

1177.77

1198.64

1370.09

1024.19

343.93

Sport Court

967.91

1074.31

1166.24

1438.25

1330.71

1187.11

1137.67

1251.19

1258.90

1763.20

1925.53

1368.89

-181.78

Microwave

1263.12

1313.18

1377.26

1702.47

2006.02

1450.39

934.13

1015.09

1158.98

1411.34

1567.67

1094.23

356.16

Washer/Dryer Hookups

1333.99

1329.35

1322.95

1778.73

2128.40

1477.12

954.92

1117.93

1189.18

1521.59

1653.12

1206.22

270.90

Garbage Disposal

1145.69

1205.13

1226.20

1653.14

1884.76

1326.91

795.37

1097.17

1302.16

1243.36

1204.91

1073.60

253.31

Dishwasher

1166.29

1215.75

1235.58

1653.69

1893.61

1339.19

839.06

1018.53

1163.00

1145.18

1219.18

1011.10

328.08

Air Conditioning

1162.35

1213.58

1236.32

1655.77

1901.33

1336.77

814.69

1016.91

1154.56

1182.31

1280.49

1014.80

321.97

Ceiling Fan

1119.72

1198.00

1204.57

1611.84

1906.82

1309.51

1071.90

1201.02

1269.17

1774.39

1769.03

1327.98

-18.47

Attached Garage

1353.75

1505.74

1486.93

1871.41

2458.40

1629.05

987.30

1101.04

1212.78

1517.54

1734.57

1206.73

422.31

Covered Parking

1181.48

1237.66

1264.09

1661.79

1997.05

1359.75

967.85

1115.00

1164.14

1600.58

1677.19

1212.23

147.52

Clubhouse

1197.43

1249.14

1250.97

1681.14

1988.75

1379.19

949.14

1062.23

1178.59

1421.52

1516.75

1118.23

260.95

Business Center

1188.55

1227.63

1219.26

1654.49

1950.93

1361.68

1018.99

1137.34

1242.44

1610.01

1655.30

1209.02

152.66

Pets Allowed

1145.28

1225.74

1248.19

1661.93

1902.97

1345.42

793.38

954.63

1088.67

1194.28

1205.42

984.18

361.24

Resident Pays Sewer/Water

1202.34

1236.73

1196.13

1652.28

1901.44

1355.94

871.87

1045.85

1341.70

1569.09

1605.04

1120.09

235.85

Unit Security/Alarm System

1175.38

1379.76

1954.10

1744.77

1927.52

1545.26

1101.88

1182.98

1189.52

1634.82

1842.19

1292.38

252.88

Handicapped Access

1265.04

1316.98

1342.69

1728.54

2023.53

1454.82

853.67

1026.29

1154.76

1340.58

1420.65

1084.64

370.18

Heat Included in Rent

806.96

1002.84

1234.11

1356.42

1394.38

1028.94

1184.22

1222.89

1228.34

1651.89

1872.50

1345.53

-316.59

VI-16

Apartment Unit Absorption by Quarter and Year for Denver County

2012

2013

2014

2015

First
106751
276
107027
4.2%
102521
4506
849
107822
0
107822
5.4%
102042
5780
833
109399
124*
109523
6.8%
102039
7484
-665
112417
344
112761
6.3%
105661
7100
-1577

Units to Start Quarter/Year


Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year

Second
107027
135
107162
4.8%
102055
5107
-466
107822
0
107822
4.6%
102898
4924
856
109523
764*
110287
5.6%
104061
6226
1357
112761
1410
114171
4.9%
108546
5625
2886

Third
107162
573
107735
4.3%
103109
4626
1054
107822
0
107822
4.6%
102901
4921
3
110287
1240*
111527
3.5%
107648
3879
3587
114171
1474
115645
5.4%
109366
6279
820

Fourth
107735
87
107822
6.1%
101209
6613
-1900
107822
1577*
109399
6.1%
102704
6695
-197
111527
890
112417
4.6%
107237
5180
-411
115645
1443
117088
7.6%
108225
8863
-1141

Due to rounding of the vacancy rate, numbers may not always add exactly.
Quarterly absorption totals will not equal year-end total because absorption is the change from time period to time period.
Comparisons should be made using comparable time periods, quarter to quarter or year-end to year-end.

Estimate of New Apartments by Quarter for Denver County


Beginning
Inventory
2008 1st
2nd
3rd
4th
2009 1st
2nd
3rd
4th
2010 1st
2nd
3rd
4th
2011 1st
2nd
3rd
4th
2012 1st
2nd
3rd
4th
2013 1st
2nd
3rd
4th
2014 1st
2nd
3rd
4th
2015 1st
2nd
3rd
4th
*numbers were revised to reflect a change in data sources

Units Added

103054
103054
103255
103406
103609
104703
105312
105917
106086
106093
106093
106093
106239
106280
106470
106536
106751
107027
107162
107735
107822
107822
107822
107822
109399
109523
110287
111527
112417
112761
114171
115645

VI-17

0
201
151
203
1094
609
605
169
7
0
0
146
41
190
66
215
276
135
573
87
0
0
0
1577*
124*
764*
1240*
890
344
1410
1474
1443

Ending
Inventory
103054
103255
103406
103609
104703
105312
105917
106086
106093
106093
106093
106239
106280
106470
106536
106751
107027
107162
107735
107822
107822
107822
107822
109399
109523
110287
111527
112417
112761
114171
115645
117088

Year-End
106751
1071
107822
6.1%
101209
6613
-463
107822
1577
109399
6.1%
102704
6695
1495
109399
3018
112417
4.6%
107237
5180
3868
112417
4671
117088
7.6%
108225
8863
988

Monthly Resident Turnover


By Size, Age of Building, and Market Area
for Denver County
(In Percent)

2015
Building Type

1st

2nd

3rd

4th

Size
Up to 8

1.5

5.0

3.8

0.0

9 - 50

3.1

4.1

3.1

4.9

51-99

1.9

2.4

2.0

4.1

100 - 199

3.3

4.0

5.2

3.9

200 to 349

3.7

5.4

7.6

3.5

350 up

4.1

5.2

4.7

4.1

2.9

3.7

4.6

4.5

Age
To 1959
1960-69

2.6

5.4

4.0

2.9

1970-79

3.6

3.8

4.5

4.1

1980-89

3.8

5.2

4.6

3.7

1990-99

2.5

5.6

6.1

4.2

2000-09

5.0

6.6

9.6

4.7

2010 up

2.9

4.3

5.0

2.8

Market Area
Denver-Central/Capitol Hill

3.2

3.8

3.8

3.9

Denver-Downtown

3.9

5.8

6.2

4.1

Denver-East Central/Lowry

2.6

4.8

2.4

5.1

Denver-Far SE

4.7

5.2

5.2

4.0

Denver-N Central/City Park

5.4

6.3

3.6

5.9

Denver-Northeast

3.4

4.0

4.8

4.3

Denver-Northwest

4.2

1.9

0.3

2.1

Denver-S Central/Wash Park

2.8

5.4

35.7

3.5

Denver-Southeast

2.8

5.2

5.1

3.5

Denver-Southwest

3.0

4.6

4.2

3.4

Denver-West Central

6.7

9.6

8.3

6.0

County Average

3.6

5.0

5.7

3.9

Resident turnover is for respective months of February, May, August and


November.

VI-18

Vacancy Rates During the Current Quarter


Denver County

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Two Bedroom

Two Bedroom

Efficiencies

One Bedroom

One Bathroom

Two Bathroom

Total

Total

Total

Vacant

Percent Vacant

Percent Vacant

0.0%

32
7

0.0%
14.3%

10
3
1

14
8
9
48
134
37
10
122
129
30
56
173
118
201
236
30
90
33
51
7
17
3
47
7
51
399
60
10
132
150
11

7.1%
0.0%
0.0%
2.1%
0.0%
0.0%
0.0%
9.0%
10.9%
3.3%
1.8%
3.5%
9.3%
1.0%
5.5%
13.3%
10.0%
6.1%
5.9%
42.9%
5.9%
33.3%
8.5%
0.0%
5.9%
2.5%
1.7%
0.0%
7.6%
2.0%
9.1%

13
2

89
53

14.6%
3.8%

4
16

25.0%
0.0%

1
1

11
14
1
1
6
11
2
13
4
9
2
3
3
1
1
4
3
10
1

10
89

8
1
42
12
31
318

0.0%
0.0%
4.8%
0.0%
32.3%
28.0%

3037

7.7%

Total

Three Bedroom

Percent Vacant

Total

Other

Percent Vacant

Total

Total
Percent Vacant

Total

0.0%

Percent
1

0.0%

0.0%

0.0%

1
1
2

0.0%
0.0%
0.0%

0.0%

2
1
2
32
10

0.0%
0.0%
0.0%
0.0%
10.0%

2
2
11
10
134
40
94
343
279
76
660
764
58
899
1568
507
563
943
531
1018
1081
117
675
506
489
142
137
275
443
153
1394
1014
250
211
220
223
149
550
286
4
277
132

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
2.3%
5.4%
0.0%
7.1%
5.4%
5.2%
5.6%
4.6%
5.7%
4.3%
4.5%
8.3%
6.0%
10.0%
6.8%
7.1%
4.2%
4.9%
6.3%
7.3%
2.9%
5.9%
3.3%
4.5%
18.0%
0.8%
4.3%
5.9%
7.2%
4.0%
7.6%
3.1%
0.0%
40.1%
5.3%

289
192
34
26
380
1
83

21.5%
6.3%
8.8%
3.8%
19.5%
0.0%
10.8%

16
1

0.0%
0.0%

26

11.5%

1
2
1
3

104
1432

749
19035

13.9%
7.5%

17
230

18
10
21
58
269
78
104
465
537
154
774
1042
195
1112
1823
557
909
1615
857
1251
1159
652
1080
793
1083
960
569
1020
697
1005
1682
1582
798
295
521
348
473
640
1127
395
384
426
67
563
768
376
246
719
6
359
73
186
76
35
100
46
261
2454
35922

5.6%
0.0%
0.0%
1.7%
0.0%
0.0%
0.0%
4.1%
5.4%
0.6%
6.3%
4.8%
7.2%
4.7%
4.7%
5.9%
4.1%
5.2%
5.5%
5.7%
9.5%
3.4%
6.9%
3.8%
5.6%
4.6%
4.0%
5.0%
6.7%
5.4%
4.3%
14.9%
7.0%
4.4%
8.8%
7.2%
4.4%
6.9%
4.6%
4.3%
32.3%
2.3%
1.5%
11.9%
8.7%
24.7%
9.3%
19.9%
16.7%
10.3%
9.6%
3.8%
5.3%
5.7%
32.0%
21.7%
7.7%
16.2%
7.6%

8
15
47
41
3
50
72
29
24
42
44
61
108
8
48
21
24
9
10
8
26
5
63
183
2
9
13
16
6
42
9
111
7
62
12
3
1
74
9

234

Percent Vacant

1
2
1

0.0%

1
1

0.0%
0.0%

128
24
5
102
7
9
3
14
243
411
203
221
24
428
236
126
422
250
354
63
64
12
114
173
91
25
114
12
57

0.0%
0.0%
0.0%
2.9%
0.0%
0.0%
0.0%
0.0%
1.6%
4.9%
0.0%
3.2%
4.2%
2.3%
8.5%
4.8%
5.9%
5.2%
3.4%
4.8%
12.5%
0.0%
2.6%
6.9%
6.6%
4.0%
17.5%
0.0%
5.3%

27
19
14
110
2
10
109
24
12
15

3.7%
0.0%
28.6%
0.0%
0.0%
0.0%
16.5%
4.2%
25.0%
6.7%

0.0%

4
20
7
1
10
20
6
25
13
12
3
8
3
12
6
1
20
3
1
4

18
1
3
1
1

17

5.9%

1
14
35
14
5
7
114
4488

0.0%
7.1%
5.7%
7.1%
60.0%
0.0%
14.9%
5.1%

20

3
3
3
9
12
40
3
44
6
32
29
1
13
9
10
2
38
17
9
1
5
20
19
68
27
7
7

31
4
19
257
768

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VI-19

0.0%

23
3
12
3
11
5
11
228
71
5
36
104
67
151
117
165
16
670
45
629
163
376
325
5
187
113
248
74
782
364
92
141
24
235
325

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
8.8%
0.0%
0.0%
0.0%
2.9%
4.5%
2.0%
7.7%
7.3%
0.0%
6.0%
6.7%
7.0%
3.7%
8.5%
8.9%
20.0%
7.0%
8.0%
4.0%
2.7%
4.9%
4.7%
9.8%
0.7%
0.0%
2.1%
6.2%

208
300
3
227
73
169
25

9.1%
22.7%
0.0%
11.9%
9.6%
4.1%
0.0%

86
15
223
1437
8593

36.0%
26.7%
8.5%
17.9%
8.9%

2
8

5
1
2

0.0%
0.0%
0.0%

0.0%

36
3
4
3
2
2
13
61

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
3.3%

19
1
1

42.1%
0.0%
0.0%

20.0%

32

12.5%

29
25
111

3.4%
0.0%
6.3%

24
2
32

0.0%
50.0%
0.0%

27

3.7%

1
11
37

31
124
596

3.2%
8.9%
6.2%

24
30

0.0%
3.3%

0.0%

19

0.0%

0.0%

42

14.3%

10

0.0%

0.0%

0.0%

22.2%

9
18

30
173

30.0%
10.4%

19
29
1
49
50
14
52
85
33
37
84
47
71
110
22
75
30
61
44
23
51
47
54
73
235
56
13
46
25
21
44
52
17
124
10
1
67
67
93
23
143
1
37
7
7
4
2
32
10
20
398
2719

Vacancy Rates During the Current Quarter


Denver - Central/Capitol Hill

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total
1

2
1
1
4
4
1

3
1
1

1
1
1
1

0.0%

32
1

0.0%
0.0%

5
5
6
9
125
2
9
14
10
10
17
23
20
54
42
2
12
6
3
7
14
3
19
7
5

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
20.0%
10.0%
0.0%
4.3%
20.0%
0.0%
9.5%
0.0%
8.3%
0.0%
0.0%
42.9%
7.1%
33.3%
0.0%
0.0%
20.0%

42
7
21
37

2.4%
0.0%
4.8%
2.7%

19

5.3%

1
1
2
4
6
8
5
6
14
2

11
2
10
2
3
1
1
3
7
1
7
6
12
1

590

0.0%

0.0%

2
6
5
4
7
23
19
19
17
30
94
31
50
69
84
164
104
212
96
208
58
18
12
247
26
133
37
53
1
74
42
27
148
26
98
76
99
13

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
1.1%
3.2%
4.0%
0.0%
4.8%
3.7%
7.7%
2.4%
6.3%
6.7%
3.4%
0.0%
0.0%
4.5%
7.7%
7.5%
5.4%
5.7%
100.0%
1.4%
7.1%
0.0%
4.7%
3.8%
7.1%
7.9%
12.1%
7.7%

0.0%

3.9%

94
2530

Three Bedroom

Percent Vacant

Total

Percent Vacant

Other
Total

Total
Percent Vacant

Total

0.0%

6.4%
4.8%

0.0%

2
1
1
1

0.0%
0.0%

3
3
3

0.0%
0.0%
0.0%

6
5

3
2
2
4
2
18
2
18
1
21
5
28
10
9
40
62

0.0%
0.0%
0.0%
0.0%
0.0%
11.1%
0.0%
0.0%
0.0%
0.0%
0.0%
7.1%
0.0%
0.0%
15.0%
8.1%

2
12
30

0.0%
0.0%
10.0%

9
19
12
10
2
10
32
9
12
15

11.1%
0.0%
33.3%
0.0%
0.0%
0.0%
3.1%
11.1%
25.0%
6.7%

1
4

6
122

Total

0.0%

1
1
3
1

23

Percent Vacant

1
2
1

1
2
35
14

0.0%
50.0%
5.7%
7.1%

15
48

6
102
574

0.0%
14.7%
8.4%

0.0%

0.0%

2
4
2
6
3
8
5
8
5
8
5
4
3
13
4
5
3
22
2
12
14
12
8
24
75

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
15.4%
25.0%
20.0%
33.3%
9.1%
0.0%
8.3%
7.1%
8.3%
0.0%
0.0%
4.0%

1
34
3

0.0%
11.8%
0.0%

0.0%

20.0%

8
26

120
423

6.7%
6.1%

2
1
1
1
2
1
1
1

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VI-20

2
5
2
4
4
7
8
5
9
15
3
2

2
3

0.0%

1
3

0.0%
0.0%

1
1

0.0%
0.0%

0.0%

0.0%

50.0%

0.0%

19
36

10.5%
8.3%

10

0.0%

0.0%

12
2
11
2
6
2
1
9
7
9
2
8
11
12
3
1
5

3
1
1
3
5
1

1
2
1
1

11

0.0%

31
222

Percent

0.0%

0.0%

0.0%

1
32
3

0.0%
0.0%
0.0%

5
7
13
14
129
9
32
33
29
27
49
118
51
107
114
89
176
114
217
107
230
65
61
24
278
33
204
55
113
53
87
85
103
172
33
113
140
101
34
33
25
19
29
85
32
9
13
49
5

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
6.9%
3.7%
0.0%
1.7%
9.8%
1.9%
3.5%
4.5%
4.0%
7.0%
2.3%
8.4%
6.5%
4.6%
3.3%
0.0%
4.3%
6.1%
5.4%
3.6%
5.3%
3.8%
1.1%
10.6%
6.8%
5.2%
6.1%
7.1%
7.9%
11.9%
8.8%
3.0%
20.0%
0.0%
0.0%
3.5%
3.1%
11.1%
23.1%
10.2%
20.0%

1
6
35
14
5
6
335
4164

0.0%
16.7%
5.7%
7.1%
20.0%
0.0%
9.3%
5.3%

Vacancy Rates During the Current Quarter


Denver - Downtown

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

10

Percent Vacant

31

0.0%

90

11.1%

65
75

0.0%
0.0%

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

1
1

42
26

2.4%
3.8%

31

6.5%

Total

27
1

0.0%

1
9

18
383
18

5.6%
2.3%
0.0%

2
2
1

57
113
11

3.5%
1.8%
9.1%

13
1

89
34

14.6%
2.9%

106

6.3%
5.6%

51
100
101

0.0%
0.0%
7.9%

31
318

32.3%
28.0%

62
12
3
1
3
3

139

1346

25.0%

108
7

10
89

0.0%

240
391

0.0%

10.3%

90
374

448
185
4
212
132

6.7%
1.6%
0.0%
50.9%
5.3%

289
192
34
26
132
1
26

21.5%
6.3%
8.8%
3.8%
2.3%
0.0%
11.5%

16
1

0.0%
0.0%

26

11.5%

579
3418

Total

Three Bedroom

Percent Vacant

Total

Other

Percent Vacant

Total

Total
Percent Vacant

Total

15.5%
10.9%

30

0.0%

10

90

11.1%

1
1

107
101

0.9%
1.0%

2
1

31
12

6.5%
8.3%

27

0.0%

0.0%

4
9

154
383
18

2.6%
2.3%
0.0%

2
2
16
22
13
1

57
113
251
391
89
85
105
101
21
448
185
12
212
132

3.5%
1.8%
6.4%
5.6%
14.6%
1.2%
0.0%
7.9%
4.8%
6.7%
1.6%
0.0%
50.9%
5.3%

22.2%

4
7
2
2

289
624
367
169
132
1
43
73
113
22

21.5%
9.5%
25.1%
9.5%
2.3%
0.0%
9.3%
9.6%
1.8%
9.1%

30.0%
28.2%

6
16
267
777

31
213
1731
6965

19.4%
7.5%
15.4%
11.2%

8.3%

10.0%

0.0%

17

0.0%

8
1
30
3
108
7

17

25

77
15

17

22.1%
0.0%

324

6.2%

15

143

10.5%

7
2

73
97

9.6%
2.1%

62
59
92
16
3

5.9%

12

0.0%

60.0%

190

20

13.2%

16
165
225

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VI-21

213
1050
1900

7.5%
15.7%
11.8%

3
3

72
72

4.2%
4.2%

9
11

30
39

Percent

31

0.0%

15
22

30
3

12

Percent Vacant

Vacancy Rates During the Current Quarter


Denver - East Central/Lowry

Efficiencies
Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Total

One Bedroom

Percent Vacant

0.0%

0.0%

Total

2
6
2

10
20
17
7
2

20.0%
30.0%
11.8%
0.0%
0.0%

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
9.1%
0.0%
0.0%
0.0%
0.0%
5.9%
0.0%
0.0%
0.0%
8.3%

4
3
1

16
17
13

25.0%
17.6%
7.7%

3
3

66
15

4.5%
20.0%

Two Bedroom
Two Bathroom

Percent Vacant

2
4
5
10
14
17
121
15
3
2
7
136
5
3
3
12

11

Two Bedroom
One Bathroom
Total

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

Other

Percent Vacant

Total

22

10
2

157
24

6.4%
8.3%

1
1

100.0%
0.0%

44
12
1
23

6.8%
0.0%
0.0%
4.3%
60

3.3%

32

12.5%

7.0%

25.0%
17.6%
7.7%
6.4%
5.6%
20.0%
100.0%
0.0%

44
12
1
23

6.8%
0.0%
0.0%
4.3%

60

3.3%

32

12.5%

0.0%

0.0%

30

3.3%

68

983

6.9%

0.0%

486

16
17
13
157
90
15
1
1

0.0%
1

34

4
3
1
10
5
3
1

10
6
2

15.6%

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
9.1%
0.0%
0.0%
0.0%
0.0%
6.8%
24.0%
10.0%
0.0%
7.1%

0.0%

17

284

6.0%

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VI-22

82

2.4%

30

3.3%

63

7.9%

0.0%

0.0%

Percent

3
4
12
10
14
17
121
35
25
2
7
146
25
20
11
14

0.0%

64

Total

11
20

10

Total
Percent Vacant

Vacancy Rates During the Current Quarter


Denver - Far Southeast

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

Percent Vacant

3
2
5
2
20

0.0%
0.0%
20.0%
0.0%
0.0%

11
1

108
22

10.2%
4.5%

88
78
72

0.0%
5.1%
0.0%

54
20

11.1%
10.0%

6
2

24

12.5%

1
1

28
16

3.6%
6.3%

Two Bedroom
Two Bathroom

Percent Vacant

47
8

1
12
20
30
30
26
1
912
160

0.0%
0.0%
0.0%
0.0%
0.0%
15.4%
0.0%
5.2%
5.0%

2
63
24
10
17
1
3
19

116
1089
343
278
392
108
54
251

1.7%
5.8%
7.0%
3.6%
4.3%
0.9%
5.6%
7.6%

7
18

102
424

6.9%
4.2%

Two Bedroom
One Bathroom
Total

308
190

3.6%
7.9%

8
152
1

288
389
195

2.8%
39.1%
0.5%

Total

Three Bedroom

Percent Vacant

Total

88

360

2.5%

200
96

0.0%
2.1%

97
92
30
240
144

4.1%
1.1%
0.0%
6.3%
6.3%

4
1

18

20

216
58
108

9.3%
0.0%
0.0%

3
1
5
8

19
138
243
100

15.8%
0.7%
2.1%
8.0%

1
26

60
433

1.7%
6.0%

542

5.5%

415

5807

0.0%

28

0.0%

5.7%

7.1%

Total
Percent Vacant

5.6%

13
22

220
216

5.9%
10.2%

3
12
1
2
3
11
8
1

24
136
72
72
24
310
80
53

12.5%
8.8%
1.4%
2.8%
12.5%
3.5%
10.0%
1.9%

41

1307

3.1%

60

3.3%

6
2

54

3.7%

28
26

0.0%
3.8%

Total

32
42

0.0%
14.3%

Percent

47
8
4
2
63
24
25
39
1
5
19
7
12
23
24
10
1
37
16
2
8
165
29
2
3
12
1
2
8
11
8
1
1

3
2
6
14
40
30
138
48
1
912
248
78
188
1089
343
692
628
366
258
251
116
356
697
368
160
60
741
208
60
288
641
453
54
26
136
72
72
112
310
80
109
26

0.0%
0.0%
16.7%
0.0%
0.0%
0.0%
8.0%
10.4%
0.0%
5.2%
3.2%
5.1%
1.1%
5.8%
7.0%
3.6%
6.2%
0.3%
1.9%
7.6%
6.0%
3.4%
3.3%
6.5%
6.3%
1.7%
5.0%
7.7%
3.3%
2.8%
25.7%
6.4%
3.7%
11.5%
8.8%
1.4%
2.8%
7.1%
3.5%
10.0%
0.9%
3.8%

50

132

37.9%

50

132

37.9%

27

227

11.9%

27

227

11.9%

24

4.2%

30

63

47.6%

30

63

47.6%

9
4
9
749 10944

0.0%
44.4%
6.8%

30

Total

11
5

Other

Percent Vacant

15
9
11
15

Percent Vacant

247

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VI-23

3004

8.2%

4
10

24

9
9
210

4.2%

0.0%
44.4%
4.8%

74

8.1%

Vacancy Rates During the Current Quarter


Denver - North Central/City Park
Two Bedroom

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

Percent Vacant

20.0%

Percent Vacant

Total

7
2

0.0%
50.0%

6
1

0.0%
0.0%

0.0%

0.0%

33.3%

29

10.3%

Three Bedroom

Percent Vacant

Total

Other

Percent Vacant

Total

Total
Percent Vacant

Total

0.0%

0.0%

0.0%

0.0%

16.7%

0.0%

0.0%

0.0%

2
1
1

0.0%
0.0%
0.0%

8
2

0.0%
50.0%

2
6
10
1
2
8

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

21
13
20
4
2

4.8%
7.7%
10.0%
0.0%
0.0%

2
4

0.0%
25.0%

1
21

0.0%
0.0%

0.0%

0.0%

0.0%

1
1
1

Percent

0.0%

0.0%

0.0%

18
13
17
4
1

5.6%
7.7%
5.9%
0.0%
0.0%

19

Total

0.0%

Two Bathroom

Percent Vacant

Two Bedroom

One Bathroom

100

0.0%

3.0%

0.0%

1
1
2
1

2
2

0.0%
0.0%

0.0%

0.0%

16

0.0%

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VI-24

50.0%

0.0%

33.3%

0.0%

33.3%

11

9.1%

25.0%

152

5.3%

Vacancy Rates During the Current Quarter


Denver - Northeast

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

68

258
2

3.1%
0.0%

21

384

5.5%

0.0%

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

Total
Percent Vacant

96

2.1%

0.0%

160

3.8%

18

1
1
384

0.0%
0.0%
4.7%

232

4.7%

0.0%

258
2

3.1%
0.0%

23

480

4.8%

4
68
1
1
544
1

0.0%
4.4%
0.0%
0.0%
4.4%
0.0%

14

236
80
338

4.7%
0.0%
4.1%

2
1

65
35

3.1%
2.9%

24

11
80

14

290

0.0%

4.8%

34
2
1

152

2.6%

73

0.0%

65
35

64

1552

4.1%

23

654

0.0%

14

0.0%

3.1%
2.9%
3

128

2.3%

128

2.3%

32

541

5.9%

36

693

5.2%

73

0.0%

144

0.0%

111

6.3%

32

0.0%

72

6.9%

137

3367

4.1%

0.0%

80

0.0%

64

0.0%

0.0%

3.5%

Percent

11

4.4%

Total

0.0%

68

Total

4.4%

Other

Percent Vacant

72

6.9%

40

901

4.4%

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VI-25

111

6.3%

32

0.0%

178

3.9%

14

0.0%

Vacancy Rates During the Current Quarter


Denver - Northwest

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

Other

Percent Vacant

Total

0.0%

0.0%

11.8%

20

108

0.0%

0.0%

0.0%

0.0%

0.0%
2

1
26

0.0%
7.7%

32
74

0.0%
2.7%

32
74

0.0%
2.7%

4
2

0.0%
0.0%
4

4
2
20

0.0%
0.0%
20.0%

44
3

9.1%
0.0%

12

8.3%

23
16
18

0.0%
0.0%
0.0%

65
42
12

4.6%
4.8%
0.0%

0.0%

44

9.1%
3

0.0%

12

8.3%

0.0%

18

0.0%

21

0.0%

65

4.6%

3
2

4.8%
0.0%

7.4%

0.0%

0.0%
0.0%
0.0%
0.0%

4
4
1
1

0.0%

3
42
12

0.0%

0.0%
0.0%
0.0%
0.0%

20.0%

16

0.0%

Percent

3
4
1
1

1
17

Total

0.0%

Total
Percent Vacant

0.0%

71

248

28.6%

71

248

28.6%

57

10.5%

57

10.5%

8
94

76
613

10.5%
15.3%

83
178

1
310
1025

0.0%
26.8%
17.4%

2
3

1
12
58

0.0%
16.7%
5.2%

73
73

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VI-26

222
244

32.9%
29.9%

0.0%

0.0%

Vacancy Rates During the Current Quarter


Denver - South Central/Wash Park

Efficiencies
Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Total

One Bedroom

Percent Vacant

Total

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

Other

Percent Vacant

Total

19
21

0.0%
4.8%

0.0%

0.0%

0.0%

2
2

3
34

0.0%
8.8%

89

4.5%

0.0%

Percent

0.0%

0.0%

0.0%

0.0%

0.0%

1
19
22

0.0%
0.0%
4.5%

6
5
154

0.0%
0.0%
0.6%

10
5
159

0.0%
0.0%
0.6%

34
29

0.0%
0.0%

34
32

0.0%
0.0%

39
10
28

5.1%
0.0%
7.1%

39
92
28
1

5.1%
0.0%
7.1%
0.0%

14

0.0%

2
82

0.0%

0.0%

0.0%

200

4.0%

0.0%

11

3
236

0.0%
4.7%

1
2
12
1

28
12
75
24

3.6%
16.7%
16.0%
4.2%

0.0%

33.3%

1
2
14
1

29
12
81
24

3.4%
16.7%
17.3%
4.2%

0.0%

0.0%

Total

14

Total
Percent Vacant

29

650

4.5%

93

40

12.5%

40
1

12.5%
0.0%

64

6.3%

64

6.3%

24

0.0%

24

0.0%

1
3
3
11
27

23
10
10
44
229

4.3%
30.0%
30.0%
25.0%
11.8%

1
3
3
11
62

23
10
10
52
1070

4.3%
30.0%
30.0%
21.2%
5.8%

0.0%

2.2%

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VI-27

8
8

0.0%
0.0%

0.0%

Vacancy Rates During the Current Quarter


Denver - Southeast

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

34

Percent Vacant

Two Bedroom
Two Bathroom

Percent Vacant

Total

0.0%
0.0%

4
3

7
1
11
57
16

14.3%
0.0%
0.0%
7.0%
18.8%

20
10

0.0%
20.0%

0.0%

9
6
38
30
45

1
1
8
11
3
117
13
547
177
61
164
54
171
429
117

0.0%
0.0%
0.0%
0.0%
0.0%
4.3%
15.4%
6.8%
2.8%
0.0%
5.5%
11.1%
22.2%
7.0%
38.5%

19

186

10.2%

10
1

120
48

8.3%
2.1%

5
2
37
5

32

692

5
1
6
8
4
2
11
2
5

4.6%
1
17

10

161

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

Percent Vacant

Other
Total

Total
Percent Vacant

Total

0.0%

4
1
1

Two Bedroom
One Bathroom

6.2%

239

2921

8.2%

63

0.0%

3
4
3
2

0.0%
25.0%
0.0%
0.0%

10
121
6
1
120
16
277
40
10
39
69
306
41
14

0.0%
0.0%
0.0%
0.0%
4.2%
6.3%
2.2%
20.0%
0.0%
10.3%
2.9%
3.6%
4.9%
35.7%

0.0%

24
2
85

4.2%
0.0%
20.0%

1201

5.2%

Percent

1
3
2
8
2
1

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

14

0.0%

0.0%

0.0%
0.0%
11.1%
8.2%
0.0%
10.6%
40.0%
13.6%
0.0%
12.4%
5.2%

0.0%

0.0%

19
5

2
1
9
146
8
104
5
81
20
153
96

3
6
5

38
50
76

7.9%
12.0%
6.6%

20
6
5

34
1
4
2
1
22
12
17
178
32
550
200
83
294
62
173
549
148
277
233
11
168
264
314
145
25
81
713
172
120
2
123
50
76

34

746

4.6%

34

746

4.6%

109

1566

7.0%

429

5882

7.3%

1
12
11
2
11

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VI-28

0.0%

0.0%

19

42.1%

26

30.8%

0.0%

10
5
37
5
2
9
6
38
35
46
6
27
15
15
11
13
7
11
32
27
6

0.0%
0.0%
0.0%
0.0%
0.0%
4.5%
0.0%
0.0%
5.6%
15.6%
6.7%
2.5%
2.4%
3.1%
9.7%
22.0%
6.4%
31.1%
2.2%
11.6%
0.0%
8.9%
5.7%
3.5%
9.0%
28.0%
13.6%
4.5%
15.7%
5.0%
0.0%
16.3%
12.0%
6.6%

Vacancy Rates During the Current Quarter


Denver - Southwest

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Efficiencies

One Bedroom

Total

Total

Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

Other

Percent Vacant

Total

Total
Percent Vacant

Total

Percent

0.0%

0.0%

1
3
25
18
101
32
9
7
1

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
85.7%
0.0%

2
1

48
31

4.2%
3.2%

264

2.7%

6
6
4
5

140
52
23
34

4.3%
11.5%
17.4%
14.7%

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
2.6%
60.0%
0.0%
0.0%
3.6%
2.9%
0.0%
2.9%
0.0%
4.1%
8.6%
15.4%
9.5%
4.3%
3.0%
0.0%
3.6%
5.6%
2.8%
0.0%
4.3%
1.4%

7
2

46

100
148

1040

32

3.1%

139

4.3%

13
2

57

3.5%

57

3.5%

160

1.3%

160

1.3%

14

134

10.4%

14

158

8.9%

27

616

4.4%

2
84

16
2000

12.5%
4.2%

0.0%

3
12
2
8
3
3
9
12
3
18
3
17

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
11.8%

1
4

0.0%

16.7%

0.0%

4
1

21
89
30

0.0%
4.5%
3.3%

1
1

26
17

3.8%
5.9%

60

0.0%

7.0%
1.4%

4.4%

1
6

1
3
25
18
102
32
39
10
17
2
56
34
3
279
12
146
70
26
74
92
33
2
28
18
36
1
299
148

256

3.1%

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VI-29

30

3.3%

1
6

2
1
8

2
3
3
2
2
1
4
1

2
2

6
6
4
7
4
1

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

24

0.0%

16
58

12.5%
3.4%

1
1
1

30

3.3%

Vacancy Rates During the Current Quarter


Denver - West Central

Efficiencies
Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

One Bedroom

Total Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Total Percent Vacant

Total Percent Vacant

Three Bedroom

Total Percent Vacant

Total Percent Vacant

Other

Total

Total Percent Vacant

Total Percent

9 11.1%

9 11.1%

108

0.0%

118

48

60

0.0%
0.0%

0.0%

0.0%

3
10

48
209
5

6.3%
4.8%
0.0%

68

8.8%

121

5.0%

0.0%

25

0.0%

1
752

0.0%
3.5%

0.0%

6.3%
10

209
5

4.8%
0.0%

68

8.8%

118
24

0.0%

0.0%

0.0%

0.0%
24

108

6.7%

16

390

4.1%

121

5.0%

0.0%

247

2.4%

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VI-30

1
1

0.0%
0.0%

25

0.0%

30

0.0%

24

0.0%

26

DEFINITION OF DENVER COUNTY MARKET AREAS AND CENSUS TRACTS

Market Area Boundaries:


Denver-Central

North: Twelfth Avenue and Colfax; East: Colorado Blvd.; South:


Alameda; West: Washington and Broadway

Denver-Downtown

North: Wewatta/Wynkoop Streets; East: Washington, Welton, Downing,


38th; South: Twelfth; West: Osage/5th Street, including Golden Triangle
(Broadway on east and Speer Blvd. on west and south)

Denver-E. Central

North: Colfax; East: City and County of Denver line; South: Alameda;
West: Colorado Blvd.

Denver-Far S.E.

North: Evans and Iliff; East and South: City and County of Denver
boundary; West: Colorado Blvd.

Denver - N. Central

North: City and County Denver boundary; East: Colorado Blvd.; South:
th
Twelfth and Colfax; West: Washington, Welton, Downing, 38 Street,
I-25

Denver-Northeast

North and East: City and County of Denver line; South: Colfax; West:
Colorado Blvd.

Denver-Northwest

North: City and County of Denver boundary; East: I-25; South: Colfax;
West: City and County of Denver boundary

Denver-S. Central

North: Alameda; East: Colorado Blvd.; South: City and County of


Denver line; West: Broadway

Denver-Southeast

North: Alameda; East: City and County of Denver line; South:


Evans/Iliff; West: Colorado Blvd. except for the City of Glendale

Denver-Southwest

North: Alameda; East: Broadway; South and West: City and County of
Denver boundary

Denver-W Central

North: Colfax and Twelfth; East: I-25 and Broadway; South: Alameda;
West: City and County of Denver line

Census Tracts:
Denver - Central

27.02, 27.03, 28.01, 28.02, 28.03, 32.01, 32.02, 32.03, 33.00, 37.02,
37.03, 38.00

Denver - Downtown

15.00 (pt), 16.00 (pt), 17.01, 17.02, 19.00 (pt), 20.00, 24.01 (pt), 25.00,
26.01, 26.02 (pt), 27.01

Denver- East Central

43.01, 43.02, 43.03, 43.04, 43.05, 44.01, 44.02

Denver- Far Southeast

40.03, 40.04, 67.01, 67.51, 68.02, 68.04, 68.09, 68.10. 68.11, 68.12,
68.14, 68.53, 70.06

Denver- North Central

16.00 (pt), 23.00, 24.01 (pt), 24.02, 26.02, 31.01, 31.02, 35.00, 36.01,
36.02, 36.03, 37.01

Denver-Northeast

41.01, 41.02, 41.03, 41.04, 41.05, 42.01, 42.02, 44.01 (pt), 83.04,
83.05, 83.06, 83.11, 83.12

Denver-Northwest

1.01, 1.02, 2.01, 2.02, 3.01, 3.02, 3.03, 4.01, 4.02, 5.01, 5.02, 6.00,
7.01 (pt), 7.02 (pt), 11.01, 11.02, 106.01

Denver-South Central

29.01, 29.02, 30.01, 30.02, 30.03, 30.04, 30.5, 39.01, 39.02, 40.02,
40.05, 40.06

Denver-Southeast

49.00, 50.1, 50.2, 51.02, 51.03, 51.04, 52.00, 53.00, 53.96, 69.01,
69.51, 70.13, 70.36, 70.37

Denver-Southwest

13.01, 13.02, 14.01, 14.02, 45.01, 45.02, 46.01, 46.02, 46.03, 47.00,
48.01, 48.02, 54.02, 55.02, 55.03, 119.02, 120.01, 120.10

Denver-West Central

7.01(pt), 7.02 (pt), 8.00, 9.01, 902, 9.03, 10.00, 18.00, 19.00 (pt), 21.00

Section VII - Douglas County


Table of Contents
Graphs
Vacancy Rate by Quarter
Average Rent by Quarter
Vacancy Rate by Market Area by Quarter
Average Rent by Market Area by Apartment Type
Vacancy Rate by Age of Building
Vacancy Rate by Size of Building
Rent per Square Foot by Apartment Type
Rent per Square Foot by Apartment Unit Size
Estimate of Total Apartments by Year
New Apartment Units Added by Year
Vacancy Rates by Market Area by Apartment Type
Vacancy Rate by Apartment Type by Quarter
Median Rent by Apartment Type by Quarter
Average Rent by Size of Building by Quarter

VII-1
VII-1
VII-2
VII-2
VII-3
VII-3
VII-4
VII-4
VII-5
VII-5
VII-6
VII-6
VII-7
VII-7

Tables
Vacancy Rates by Market Area
Vacancy Rates by Size of Building by Market Area
Vacancy Rates by Size of Apartment Unit by Market Area
Vacancy Rates by Age of Building by Market Area
Vacancy Rates by Apartment Type by Market Area

VII-8
VII-9
VII-9
VII-10
VII-10

Average Rents by Apartment Type by Market Area


Average Rents by Age of Building by Market Area
Average Rents by Size of Building by Market Area
Median Rents by Apartment Type by Market Area

VII-11
VII-11
VII-12
VII-12

Average Rent per Square Foot by Apartment Type by Market Area


Average Rent per Square Foot by Apartment Unit Size by Market Area

VII-13
VII-13

Rental Losses by Size, Age and Market Area


Economic Vacancy Rates by Size, Age and Market Area

VII-14
VII-14

Average Rents for Douglas County


Average Rent for Apartment Building/Community Features and Amenities

VII-15
VII-16

Apartment Unit Absorption by Quarter and Year


Estimate of New Apartments by Quarter
Monthly Resident Turnover by Size, Age and Market Area

VII-17
VII-17
VII-18

Vacancy Rates During the Current Quarter - Douglas County Cumulative Totals
Vacancy Rates During the Current Quarter - Castle Rock
Vacancy Rates During the Current Quarter - Douglas - North

VII-19
VII-20
VII-21

Market Area Descriptions and Census Tracts

VII-22

96 Q1
96 Q2
96 Q3
96 Q4
97 Q1
97 Q2
97 Q3
97 Q4
98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1
14 Q2
14 Q3
14 Q4
15 Q1
15 Q2
15 Q3
15 Q4

800.00

98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1
14 Q2
14 Q3
14 Q4
15 Q1
15 Q2
15 Q3
15 Q4

Rent (in dollars)

Percent Vacant

Vacancy Rate by Quarter


for Douglas County

30

25

20

15

10

Quarter

Average Rent by Quarter


for Douglas County

1600.00

1500.00

1400.00

1300.00

1200.00

1100.00

1000.00

900.00

Quarter

VII-1

Vacancy Rate by Market Area by Quarter


for Douglas County
12
15 Q1
15 Q2

10

15 Q3

Percent Vacant

15 Q4

0
Castle Rock

Douglas - North

Doulgas County Average

Market Area

Average Rent by Market Area by Apartment Type


for Douglas County
2500

Efficiency
1 Bed
2 Bed, 1 Bath
2000

2 Bed, 2 Bath

Rent (in dollars)

3 Bed
All
1500

1000

500

0
Castle Rock

Douglas - North

Market Area
VII-2

Doulgas County Average

Vacancy Rate by Age of Building


for Douglas County
50
15 Q1

45

Percent Vacant

15 Q2

40

15 Q3

35

15 Q4

30
25
20
15
10
5
0
To 1939

1940-49

1950-59

1960-69

1970-79

1980-89

1990-99

2000-09

2010 up

Year Built

Vacancy Rate by Size of Building


for Douglas County
14
15 Q1

12

15 Q2
15 Q3

Percent Vacant

10

15 Q4

0
Up to 8

9 to 50

51 to 99

100 to 199

Number of Units in Building

VII-3

200 to 349

350 up

Rent per Square Foot by Apartment Type


for Douglas County
2.5

Rent per Square Foot (in dollars)

15 Q1
15 Q2

15 Q3
15 Q4

1.5

0.5

0
Efficiency

One Bedroom

Two Bed, One


Bath

Two Bed, Two


Bath

Three Bed

Average

Apartment Type

Rent per Square Foot by Apartment Unit Size


for Douglas County
2
15 Q1

Rent per Square Foot (in dollars)

1.8
1.6
1.4

15 Q2
15 Q3
15 Q4

1.2
1
0.8
0.6
0.4
0.2
0
499 below

500 to 749

750 to 999

Apartment Unit Size (in square feet)

VII-4

1000 above

0
96 Q1
96 Q2
96 Q3
96 Q4
97 Q1
97 Q2
97 Q3
97 Q4
98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1
14 Q2
14 Q3
14 Q4
15 Q1
15 Q2
15 Q3
15 Q4

2000

96 Q1
96 Q2
96 Q3
96 Q4
97 Q1
97 Q2
97 Q3
97 Q4
98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1
14 Q2
14 Q3
14 Q4
15 Q1
15 Q2
15 Q3
15 Q4

Number of Apartment Units

Number of Apartment Units

Estimate of Total Apartments by Year


for Douglas County

14000

12000

10000

8000

6000

4000

Year

New Apartment Units Added by Year


for Douglas County

1200

1000
958
909

800
696
780

600

0
662

400

342 336

200

220

31 16
4
4

00

202

100 0 0
637

422

357 340

382
325 325

274

168

126

133

80

00000

VII-5

0000000

Year

370

421

270

210 210

137
88

00

00

00000000

232

62

00

83
60 48
000

221
216

74

Vacancy Rates by Market Area by Apartment Type


for Douglas County
25
Efficiency
One bedroom
Two bed, one bath
Two bed, two bath
Three bedroom
All

Percent Vacant

20

15

10

0
Castle Rock

Douglas - North

Douglas County Average

Market Area

Vacancy Rate by Apartment Type by Quarter


for Douglas County
12
15 Q1

10

15 Q2
15 Q3

Percent Vacant

15 Q4

0
Efficiency

One Bedroom

Two Bed, One Bath Two Bed, Two Bath

Apartment Type

VII-6

Three Bed

Average

Median Rent by Apartment Type by Quarter


for Douglas County
2500
15 Q1
15 Q2

2000

15 Q3

Rent (in dollars)

15 Q4

1500

1000

500

0
Efficiency

One Bedroom

Two Bed, One BathTwo Bed, Two Bath

Three Bed

Average

Apartment Type

Average Rent by Size of Building


for Douglas County
1800
1600

$1,445.79

Rent (in dollars)

1400
1200
1000
800
600
400
200
$0.00

$0.00

$0.00

Up to 6 units

7 - 36 units

0
37 + units

Size of Building

VII-7

5 Story or More

Vacancy Rates by Market Area for Douglas County


First Figure = Rate for Quarter in Percent
Second Figure = Change from Year Ago
Third Figure = Twelve Month Average
2006
County
Castle Rock

1st 2nd

2007

2008

2009

2010

2011

2012

2013

2014

2015

3rd

4th

1st 2nd

3rd

4th

1st 2nd

3rd

4th

1st 2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

6.4

6.6

8.0

5.4

7.3

6.7

6.9

7.7

7.9

9.4

8.5 11.0

6.3

4.6

5.2

5.7

5.2

4.2

4.4

5.5

3.6

2.9

2.4

5.6

4.1

1.4

1.5

1.9

1.7

2.3

3.1

3.3

3.3

1.9

1.2

6.8

-5.8 -4.6 -3.6 -6.7 -3.4 -4.6 -7.1 -5.9 -4.7 -3.1 -5.6 -2.7 -2.9

3.5

11.0 10.2

10.8

7.2

5.9

7.3

2.3

2.0

4.4

-1.7

-1.3

-0.2

-5.2

-1.1

-0.4

-0.7

-0.2

-1.5

-1.3

-2.0

0.1

0.4

-1.4

-1.0

0.0

-2.4

0.9

1.7

1.4

1.6

-0.4

-1.9

8.7

7.7

7.0

6.7

6.5

6.7

6.3

6.7

7.0

7.1

7.5

8.0

8.4

9.2

8.8

7.6

6.8

5.4

5.2

5.1

4.9

4.8

4.4

4.1

3.6

3.6

3.4

2.3

2.1

2.2

1.6

1.8

2.3

2.6

3.0

2.9

2.4

3.3

6.4

7.2

6.0

5.8

5.6

6.9

6.0

8.6

5.7

7.3

6.9

4.9

3.9

4.9

4.2

3.8

4.3

5.1

5.4

3.7

3.7

4.6

5.0

4.1

4.5

10.1

6.8

3.1

3.9

5.6

4.0

4.0

3.8

4.2

4.7

3.5

4.7

9.6

3.3 -0.8 -0.1 -0.5 -0.6 -2.5 -2.3

-1.7

-2.0

-1.2

0.3

1.1

-0.1

-0.6

-0.6

-0.4

0.4

0.7

5.5

1.8

-1.1

-0.6

0.0

-2.8

0.9

-0.2

-1.4

0.7

-0.5

1.0

5.5

Douglas - North
7.3

5.5

-6.3 -3.5 -2.6 -2.1 -1.4

0.5 -1.0 -2.3 -1.5

6.7

6.7

6.7

6.6

6.2

6.3

6.1

6.1

6.1

6.8

6.8

6.9

7.1

6.2

5.7

5.1

4.5

4.2

4.3

4.4

4.7

4.6

4.5

4.4

4.3

4.4

4.5

5.9

5.6

4.4

4.4

4.8

4.1

4.4

4.3

4.0

4.2

4.0

4.3

5.6

8.2

5.7

6.4

7.0

6.4

5.8

5.5

7.0

6.1

8.3

5.9

7.4

7.1

5.8

4.3

5.5

4.4

3.9

4.4

5.2

5.3

3.8

3.8

4.7

4.9

3.9

4.1

9.5

6.5

2.9

3.5

5.0

3.7

3.8

3.7

4.0

4.5

3.4

4.4

9.3

0.1 -0.9 -1.1 -2.1

2.6 -0.5

0.4

0.7

0.0 -1.2 -1.5

-1.7

-4.5

-1.5

-0.3

0.9

-0.1

-0.6

-0.5

-0.5

0.1

0.3

4.8

1.6

-1.0

-0.6

0.0

-2.8

0.8

0.2

-1.0

0.8

-0.4

0.7

5.3

6.4

6.7

6.9

7.2

6.5

5.0

4.5

4.5

4.5

4.7

4.7

4.5

4.4

4.3

4.3

4.4

5.6

5.2

4.1

4.1

4.5

3.8

4.0

4.0

3.8

4.0

3.9

4.1

5.4

Douglas County

-0.2 -0.7 -1.1 -1.1 -1.8


7.5

7.4

7.1

6.8

6.4

6.2

6.2

6.1

6.8

6.1

5.7

Due to rounding of the vacancy rate, numbers may not always add exactly.

VII-8

Vacancy Rates by Size of Building


by Market Area for Douglas County

Vacancy Rates by Size of Apartment Unit


by Market Area for Douglas County

(In Percent)

(In Percent)

County
Castle Rock

Number of
Units

Up to 8
9 to 50
51 to 99
100 to199
200 to 349
350 up
Douglas - North Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 up
Douglas
Up to 8
County
9 to 50
51 to 99
100 to 199
200 to 349
350 up

2015
1st

2.7
4.8

6.2
3.7

5.5
3.8

2nd

1.8
2.0

4.6
2.9

4.4
2.9

3rd

1.2

6.7
3.7

5.4
3.7

4th

2015

Square Feet in
Unit

1st

2nd

3rd

4th

499 below
500 to 749
750 to 999
1000 above

0.5
4.3
3.6

2.4
2.1
1.7

1.0
1.1
1.4

7.5
3.6
9.0

Douglas North

499 below
500 to 749
750 to 999
1000 above

2.3
4.1
5.5

1.1
3.4
3.8

5.1
4.4
5.0

41.8
4.9
10.6

Douglas
County

499 below
500 to 749
750 to 999
1000 above

1.5
4.2
5.2

1.4
3.3
3.7

2.7
4.2
4.7

30.8
4.8
10.5

County
Castle Rock

6.8

5.4
12.5

5.7
12.5

VII-9

Vacancy Rates by Age of Building


by Market Area for Douglas County

Vacancy Rates by Apartment Type


by Market Area for Douglas County

(In Percent)

(In Percent)
County

2015
County
Castle Rock

Douglas - North

Douglas County

Year
To 1939
1940-49
1950-59
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1939
1940-49
1950-59
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1939
1940-49
1950-59
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up

1st

1.4
3.8

2.2
6.3
3.7
7.0

2.2
5.9
3.7
7.0

2nd

1.8
2.0

0.2
4.8
3.2
3.1

0.2
4.6
3.1
3.1

3rd

0.0
1.7

5.0
5.9
4.0
6.7

5.0
5.5
3.7
6.7

4th

10.0
5.6

5.4
6.2
5.1
43.8

5.4
6.5
5.2
43.8

VII-10

Apartment Type
Castle Rock
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All

2015
1st

2nd

3rd

4th

3.8
1.2
3.5
3.8

1.8
4.2
2.3
0.0

1.3
0.6
1.0
3.6

5.5
4.7
6.2
23.2
6.8

Douglas - North
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All

1.4
3.9
4.0
5.6
6.7
15.4

0.0
3.3
3.1
3.6
5.3
7.7

2.1
4.5
4.2
4.8
6.8
0.0

0.0
9.6
4.9
11.4
9.2
0.0
9.6

Douglas County
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All

1.4
3.9
3.5
5.3
6.0
15.4

0.0
3.2
3.2
3.5
4.5
7.7

2.1
4.3
3.7
4.4
6.5
0.0

0.0
9.2
4.8
10.9
10.4
0.0
9.3

Average Rents by Apartment Type


by Market Area for Douglas County

Average Rents by Age of Building


by Market Area for Douglas County

(In Dollars)

(In Dollars)
2015

1st

2nd

3rd

4th

County
Castle Rock
Efficiency
1100.14 1031.76 1145.86 1059.95
1 Bed
1316.55 1187.50 1316.33 1230.26
2 Bed, 1 Bath
1387.28 1262.31 1446.32 1394.50
2 Bed, 2 Bath
1575.95 1709.04 1711.43 1639.07
3 Bed
1288.05 1229.19 1325.21 1251.98
All
Douglas - North
1127.67 1207.67 1040.00 1030.00
Efficiency
1221.10 1317.88 1279.87 1270.05
1 Bed
1403.28 1491.11 1478.75 1468.37
2 Bed, 1 Bath
1587.10 1649.71 1669.15 1604.90
2 Bed, 2 Bath
1952.57 2050.26 1945.73 1953.11
3 Bed
1425.83 1507.89 1494.72 1466.08
All
Douglas County
1127.67 1207.67 1040.00 1030.00
Efficiency
1205.83 1299.23 1268.93 1252.74
1 Bed
1387.60 1475.24 1453.96 1430.15
2 Bed, 1 Bath
1559.79 1621.63 1649.07 1585.83
2 Bed, 2 Bath
1867.50 1999.32 1924.90 1925.37
3 Bed
1406.26 1487.95 1478.84 1445.79
All
Rents are based on the units being unfurnished with tenants
paying electricity and gas.

Year Built
County
Castle Rock

2015
1st

2nd

3rd

4th

To 1959
1960-69
1970-79
1980-89
1990-99
1141.59 1175.23 1210.68 1122.64
2000-09
1321.61 1262.54 1366.92 1299.09
2010 up
Douglas - North
To 1959
1960-69
1970-79
1980-89
1273.39 1298.14 1348.39 1370.08
1990-99
1479.07 1644.95 1598.26 1526.50
2000-09
1393.25 1451.90 1448.20 1427.96
2010 up
1545.72 1611.15 1613.73 1492.75
Douglas County
To 1959
1960-69
1970-79
1980-89
1273.39 1298.14 1348.39 1370.08
1990-99
1450.76 1600.14 1567.03 1496.41
2000-09
1378.90 1438.00 1439.20 1410.68
2010 up
1545.72 1611.15 1613.73 1492.75
Rents are based on units being unfurnished with tenants paying gas and
electricity.

Average rents do not reflect "rental losses" from discounts and


concessions.

Average rents do not reflect "rental losses" from discounts and concessions.

Average rent minus rental losses equals effective rent.

Average rent minus rental losses equals effective rent.

VII-11

Average Rents by Size of Building by Market Area


for Douglas County

Median Rents by Apartment Type by Market Area


for Douglas County

(In Dollars)

(In Dollars)

Number of Units
Castle Rock
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Douglas - North
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Douglas County
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up

2015
1st

1280.82
1304.78

1488.62
1382.85

1442.61
1376.79

2nd

1175.23
1262.54

1620.18
1448.66

1585.23
1436.03

2015
3rd

1325.21

1633.10
1422.86

1561.62
1422.86

4th

County
Castle Rock
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Douglas - North
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Douglas County
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

1251.98

1542.19
1414.23

1482.61
1414.23

1st

2nd

3rd

4th

1106.67
1379.18
1339.08
1561.72
1311.42

1031.00
1188.00
1245.01
1736.72
1228.19

1141.56
1354.18
1440.44
1671.00
1339.46

1040.38
1260.18
1440.44
1671.00
1243.50

1094.00
1201.71
1386.25
1509.65
1838.43
1393.96

1213.00
1304.00
1528.25
1546.04
1969.33
1477.98

1038.00
1223.28
1506.05
1645.29
1907.00
1477.43

1038.00
1201.77
1391.56
1519.92
1788.00
1407.29

1094.00
1146.58
1382.68
1498.21
1746.28
1382.04

1213.00
1291.73
1494.75
1538.29
1960.11
1469.24

1038.00
1216.09
1443.26
1547.65
1889.71
1442.40

1038.00
1194.58
1372.65
1504.24
1748.18
1392.50

Rents reflect units being unfurnished with tenants paying gas and electricity.

Rents are based on units being unfurnished with tenants paying gas and
electricity.

Average rents do not reflect "rental losses" from discounts and concessions.

Average rents do not reflect "rental losses" from discounts and concessions.

Average rent minus rental losses equals effective rent.

Average rent minus rental losses equals effective rent.

VII-12

Average Rent per Square Foot by Apartment


Type by Market Area for Douglas County

Average Rent per Square Foot by Apartment


Unit Size by Market Area for Douglas County

(In Dollars)

(In Dollars)
2015

County
Apartment Type
Castle Rock
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Douglas - North
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Douglas County
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

2015

County

1st

2nd

3rd

4th

1.40
1.52
1.25
1.22
1.34

1.26
1.28
1.11
1.31
1.21

1.52
1.51
1.33
1.36
1.44

1.41
1.41
1.30
1.32
1.37

2.10
1.52
1.42
1.37
1.40
1.45

2.24
1.64
1.52
1.43
1.48
1.54

1.89
1.58
1.51
1.44
1.41
1.51

1.87
1.59
1.49
1.41
1.44
1.51

2.10
1.50
1.44
1.35
1.36
1.43

2.24
1.61
1.50
1.41
1.45
1.52

1.89
1.58
1.51
1.43
1.41
1.51

1.87
1.58
1.48
1.40
1.43
1.49

Apartment Square Feet


Castle Rock
499 below
500 to 749
750 to 999
1000 above

1st

2nd

3rd

4th

1.49
1.40
1.24

1.38
1.22
1.16

1.55
1.49
1.34

1.38
1.43
1.31

1.75
1.50
1.38

1.93
1.60
1.45

1.86
1.56
1.45

1.74
1.56
1.43

1.64
1.49
1.36

1.79
1.58
1.43

1.68
1.56
1.44

1.62
1.55
1.42

Douglas - North
499 below
500 to 749
750 to 999
1000 above
Douglas County
499 below
500 to 749
750 to 999
1000 above

Rents are based on the units being unfurnished with tenants paying
electricity and gas.
Average rents do not reflect "rental losses" from discounts and
concessions.

Rents are based on units being unfurnished with tenants paying gas and
electricity.
Average rents do not reflect "rental losses" due to concessions and
discounts.

Average rent minus rental losses equals effective rent.

Average rent minus rental losses equals effective rent.

VII-13

Rental Losses by Size, Age


and Market Area for Douglas County

Economic Vacancy Rates by Size, Age


and Market Area for Douglas County

Includes Discounts/Concessions, Models, Delinquents, and Bad Debts

Defined as Physcial Vacancy Plus Concessions and Writeoffs

Average Rent Minus Rental Losses Equals Effective Rent

as a Percentage of Gross Potential Rent

(In Percent)

(In Percent)

2015
Building Type

1st

2nd

Building
3rd

4th

Type

Size

Size (in units)

Up to 8

Up to 6

9 - 50

9 - 50

51 - 99

51 - 99

100 - 199

100 - 199

200 to 349

7.1

11.7

6.7

4.6

350 up

8.6

13.1

9.8

24.0

2nd

3rd

4th

200 to 349

12.6

16.0

12.1

10.3

350 up

12.4

16.0

13.5

29.8

Age

Age (year built)

To 1959

To 1959

1960-69

1960-69

1970-79

2015
1st

1970-79

1980-89

10.5

1980-89

15.9

1990-99

4.9

12.1

5.2

4.0

1990-99

10.7

16.7

10.6

9.4

2000-09

10.0

13.3

11.3

17.2

2000-09

13.7

16.4

15.0

22.7

2010 up

6.0

7.6

5.1

58.8

2010 up

12.9

10.7

11.8

64.2

13.3

1.2

Market Area
Castle Rock

13.9

Market Area
Castle Rock

10.6

14.5

7.8

Douglas - North

7.6

12.5

7.9

10.8

Douglas - North

12.3

16.0

12.7

21.7

Average

7.9

12.6

8.4

10.2

Average

12.5

16.0

12.8

20.6

VII-14

Average Rents for Douglas County


(in dollars)

Efficency

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

3 Bed

Other

All

Market Area Totals


Castle Rock

1059.95

1230.26

1394.50

1639.07

Douglas - North

1030.00

1270.05

1468.37

1604.90

1953.11

2063.00

1251.98
1466.08

Douglas County Average

1030.00

1252.74

1430.15

1585.83

1925.37

2063.00

1445.79

Buildings with up to 6 Units


Castle Rock
Douglas - North
Douglas County Average

Buildings with 7 to 36 Units


Castle Rock
Douglas - North
Douglas County Average

Buildings with 37 and Above Units


Castle Rock

1059.95

1230.26

1394.50

1639.07

Douglas - North

1030.00

1270.05

1468.37

1604.90

1953.11

2063.00

1466.08

Douglas County Average

1030.00

1252.74

1430.15

1585.83

1925.37

2063.00

1445.79

Buildings with 5 Stories and Above


Castle Rock
Douglas - North
Douglas County Average

VII-15

1251.98

Average Rent for Apartment Building/Community Features and Amenities in Douglas County
(In Dollars)
With Feature/Amenity
Feature/Amenity

Efficiency

Outside Storage

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

Without Feature/Amenity
3 Bed

All

Efficiency

1238.68

1433.14

1565.94

1999.51

1435.69

1030.00

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

Difference
3 Bed

All

1285.77

1421.86

1632.12

1806.08

1468.84

-33.15

1267.68

1588.00

1687.71

2115.71

1492.75

-51.95

1108.51

1169.77

1427.48

1796.90

1268.32

207.91

Patio or Balcony

1030.00

1252.74

1430.15

1585.83

1925.37

1445.79

Fireplace

1030.00

1250.85

1421.28

1574.83

1914.59

1440.80

Nine-Foot Ceilings

1030.00

1252.74

1430.15

1585.83

1925.37

1445.79

Swimming Pool

1030.00

1252.74

1430.15

1585.83

1925.37

1445.79

Spa or Sauna

1030.00

1278.76

1477.84

1613.57

1938.80

1476.23

Exercise Room

1030.00

1252.74

1430.15

1585.83

1925.37

1445.79

Sport Court

1030.00

1319.42

1493.30

1640.66

2065.31

1518.46

1206.50

1385.70

1544.21

1788.92

1391.68

126.78

Microwave

1030.00

1261.46

1441.49

1595.54

1957.69

1454.47

1099.53

1323.29

1419.09

1673.11

1317.57

136.90

Washer/Dryer Hookups

1030.00

1261.86

1434.83

1601.85

1914.37

1454.22

1194.95

1406.84

1485.89

1997.43

1394.45

59.77

Garbage Disposal

1030.00

1252.74

1430.15

1585.83

1925.37

1445.79

Dishwasher

1030.00

1252.74

1430.15

1585.83

1925.37

1445.79

Air Conditioning

1030.00

1252.74

1430.15

1585.83

1925.37

1445.79

1188.37

1348.18

1521.05

1785.16

1372.50

1441.84

1689.36

1766.97

2210.48

1649.04

-276.53

1235.57

1469.24

1611.20

1860.71

1451.52

1279.32

1325.32

1545.32

2062.66

1435.93

15.59

1391.24

1595.89

1706.94

2011.89

1572.68

1176.59

1405.15

1523.01

1883.13

1386.53

186.15

1189.35

1386.00

1508.45

1750.00

1421.58

26.48

1269.37

1471.30

1591.45

1954.06

1468.08

-100.35

1184.11

1356.45

1504.50

1729.86

1400.99

49.84

1252.74

1430.15

1585.83

1925.37

1445.79

Ceiling Fan
Attached Garage

1030.00

Covered Parking
Clubhouse

1030.00

1257.23

1434.58

1593.66

1961.38

1448.07

Business Center

1030.00

1252.74

1430.15

1585.83

1925.37

1445.79

Pets Allowed

1030.00

1252.74

1430.15

1585.83

1925.37

1445.79

Resident Pays Sewer/Water

1030.00

1252.74

1430.15

1585.83

1925.37

1445.79

1198.36

1333.74

1563.96

1737.50

1367.72

1258.21

1446.48

1594.06

1969.15

1450.83

Unit Security/Alarm System


Handicapped Access

1030.00

Heat Included in Rent

1030.00

1030.00

1030.00

1030.00

VII-16

Apartment Unit Absorption by Quarter and Year for Douglas County

2012

2013

2014

2015

Units to Start Quarter/Year


Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year

First
10852
0
10852
4.9%
10320
532
-22
11144
83
11227
6.5%
10497
730
-168
11275
0
11275
3.7%
10858
417
150
11770
637
12407
4.5%
11846
561
550

Second
10852
0
10852
4.0%
10418
434
0
11227
48
11275
2.9%
10947
328
450
11275
421
11696
3.8%
11257
439
399
12407
221
12628
3.4%
12200
428
354

Third
10852
232
11084
4.2%
10618
466
201
11275
0
11275
3.5%
10881
394
-66
11696
0
11696
3.7%
11267
429
10
12628
216
12844
4.5%
12261
583
62

Fourth
11084
60
11144
4.3%
10665
479
46
11275
0
11275
5.0%
10708
567
-173
11696
74
11770
4.0%
11295
475
28
12844
0
12844
9.3%
11643
1201
-618

Due to rounding of the vacancy rate, numbers may not always add exactly.
Quarterly absorption totals will not equal year-end total because absorption is the change from time period to time period.
Comparisons should be made using comparable time periods, quarter to quarter or year-end to year-end.

Estimate of New Apartments by Quarter for Douglas County


Beginning
Inventory
2008 1st
2nd
3rd
4th
2009 1st
2nd
3rd
4th
2010 1st
2nd
3rd
4th
2011 1st
2nd
3rd
4th
2012 1st
2nd
3rd
4th
2013 1st
2nd
3rd
4th
2014 1st
2nd
3rd
4th
2015 1st
2nd
3rd
4th

Units Added

10233
10370
10370
10370
10580
10580
10580
10790
10790
10790
10790
10790
10790
10790
10790
10790
10852
10852
10852
11084
11144
11227
11275
11275
11275
11275
11696
11696
11770
12407
12628
12844

VII-17

137
0
0
210
0
0
210
0
0
0
0
0
0
0
0
62
0
0
232
60
83
48
0
0
0
421
0
74
637
221
216
0

Ending
Inventory
10370
10370
10370
10580
10580
10580
10790
10790
10790
10790
10790
10790
10790
10790
10790
10852
10852
10852
11084
11144
11227
11275
11275
11275
11275
11696
11696
11770
12407
12628
12844
12844

Year-End
10852
292
11144
4.3%
10665
479
323
11144
131
11275
5.1%
10700
575
35
11275
74
11349
4.0%
10891
458
587
11770
1074
12844
9.3%
11643
1201
348

Monthly Resident Turnover


By Size, Age of Building, and Market Area
for Douglas County
(In Percent)

2015
Building Type

1st

2nd

3rd

4th

Size
Up to 8
9 - 50
51-99
100 - 199
200 to 349

3.7

5.4

5.7

4.7

350 up

3.1

5.7

5.6

2.7

1990-99

3.2

4.5

5.0

5.1

2000-09

3.2

6.4

5.9

2.9

2010 up

5.7

4.5

10.1

1.0

Age
To 1959
1960-69
1970-79
1980-89

1.7

Market Area
Castle Rock

3.6

7.4

4.8

Douglas - North

3.3

5.6

5.5

3.6

County Average

3.4

5.6

5.7

3.7

Resident turnover is for respective months of February, May, August


and November.

VII-18

Vacancy Rates During the Current Quarter


Douglas County

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Efficiencies

One Bedroom

Total

Total

48

Percent Vacant

0.0%

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

Percent Vacant

Total

Percent Vacant

Other
Total

Total
Percent Vacant

Total

Percent

85

14.1%

12

85

14.1%

116

2.6%

164

1.8%

30
10
25

440
222
498
4
658
186
336
216
333

6.8%
4.5%
5.0%
0.0%
3.0%
7.5%
4.5%
3.2%
50.5%

30
10
26

440
222
545
4
774
186
416
314
333
108
120
493
219
284
257
110
430
270
454
296
73
182
151
41
88
265
132
416
51
51

6.8%
4.5%
4.8%
0.0%
3.7%
7.5%
5.3%
3.2%
50.5%
1.9%
5.0%
2.4%
5.5%
7.4%
6.2%
6.4%
10.2%
7.4%
4.0%
6.4%
1.4%
90.7%
6.0%
19.5%
12.5%
6.0%
12.1%
8.2%
2.0%
2.0%

3
4

17
20
12

0.0%
15.0%
33.3%

178

4.5%

17

5.9%

7
1

76
17

9.2%
5.9%

16

265

6.0%

30

3.3%

47

2.1%

116

7.8%

98

3.1%

2
4

108
24
148
108
32

1.9%
16.7%
0.0%
7.4%
0.0%

54
48
111

13.0%
14.6%
4.5%

56

0.0%

7
7
5

23

80

8.8%

2
12
4
18
12
5
37
13
5
19

96
345
94
232
245
102
376
222
165
296

2.1%
3.5%
4.3%
7.8%
4.9%
4.9%
9.8%
5.9%
3.0%
6.4%

165

182

90.7%

33
1
1

27

346

3749

386
15

8.5%
6.7%

0.0%

25.0%

2
7
11

75
24
88

2.7%
29.2%
12.5%

16

132

12.1%

36
24

0.0%
0.0%

29
14
22
10
168
2
6
12
12
21
16
7
44
20
18
19
1
165
9
8
11
16
16
34
1
1

28

3.6%

32

3.1%

0.0%
12.5%
12.8%
10.4%

1
3
2
43
813

23
24
40
604
8697

4.3%
12.5%
5.0%
7.1%
9.3%

3.7%

4.3%
3

0.0%

Total

12

20
14
15
7
168

48

Three Bedroom

Percent Vacant

9.2%

4
51

76
1053

5.3%
4.8%

14
350

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VII-19

16
24
320
3200

18.8%
0.0%
4.4%
10.9%

2
25
66

8
16
195
634

13
13

0.0%
0.0%

Vacancy Rates During the Current Quarter


Castle Rock

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Efficiencies

One Bedroom

Total

Total

Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

Percent Vacant

Other
Total

Total
Percent Vacant

Total

Percent

12

85

14.1%

12

85

14.1%

116

2.6%

116

2.6%

108

1.9%

155

1.9%

47

2.1%

98

3.1%

7
3

80
98

8.8%
3.1%

24

16.7%

24

16.7%

6
5

17

309

5.5%

169

4.7%

18

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VII-20

80

108
102

290

8.8%

5.6%
4.9%

6.2%

25.0%

6
7

108
110

5.6%
6.4%

7
4

24
24

29.2%
16.7%

7
4

24
24

29.2%
16.7%

13

56

23.2%

56

824

6.8%

Vacancy Rates During the Current Quarter


Douglas - North

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Efficiencies

One Bedroom

Total

Total

48

Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

Percent Vacant

Total

Total

Percent Vacant

Other
Total

Total
Percent Vacant

Total

0.0%
30
10
23
20
14
15
7
168

3
4

440
222
390
4
658
186
336
216
333

17
20
12

6.8%
4.5%
5.9%
0.0%
3.0%
7.5%
4.5%
3.2%
50.5%

0.0%
15.0%
33.3%

178

4.5%

17

5.9%

7
1

76
17

9.2%
5.9%

16

265

6.0%

30

116

7.8%

108

1.9%

148
108
32

0.0%
7.4%
0.0%

7
7
5

54
48
111

13.0%
14.6%
4.5%

56

0.0%

23

2
12
4
18
6

96
345
94
232
137

2.1%
3.5%
4.3%
7.8%
4.4%

37
13
5
19

376
222
165
296

9.8%
5.9%
3.0%
6.4%

165

182

90.7%

33
1
27

329

3440

6.8%
4.5%
5.9%
0.0%
3.7%
7.5%
4.5%
3.2%
50.5%
1.9%
2.1%
2.4%
5.5%
7.4%
6.7%

430
270
454
296
73
182
151
17
64
265
132
416
51
51

10.2%
7.4%
4.0%
6.4%
1.4%
90.7%
6.0%
5.9%
10.9%
6.0%
12.1%
8.2%
2.0%
2.0%

2.7%

64

10.9%

16

132

386
15

8.5%
6.7%

12.1%

36
24

0.0%
0.0%

0.0%

28

3.6%

32

3.1%

0.0%
12.5%
12.8%
9.2%

1
3
2
43
757

23
24
40
604
7873

4.3%
12.5%
5.0%
7.1%
9.6%

4.3%

9.6%

29
14
15
7
168
2
2
12
12
21
10

440
222
390
4
774
186
336
216
333
108
96
493
219
284
149

75

3.7%

0.0%

0.0%

44
20
18
19
1
165
9
1
7
16
16
34
1
1

3.3%

4
43

76
884

5.3%
4.9%

14
332

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VII-21

16
24
320
2910

18.8%
0.0%
4.4%
11.4%

Percent

48
30
10
23

48

Three Bedroom

Percent Vacant

2
25
53

8
16
195
578

13
13

0.0%
0.0%

DEFINITION OF DOUGLAS COUNTY MARKET AREAS AND CENSUS TRACTS

Market Area Boundaries:


Castle Rock

City of Castle Rock and immediate area

Douglas Co-North

All of northern Douglas County

Census Tracts:
Castle Rock

144.01, 145.01 (pt)

Douglas County-North

141.02, 141.03, 141,04, 141.05 (pt), 141.98 (pt)

Section VIII - Jefferson County


Table of Contents
Graphs
Vacancy Rate by Quarter
Average Rent by Quarter
Vacancy Rate by Market Area by Quarter
Average Rent by Market Area by Apartment Type
Vacancy Rate by Age of Building
Vacancy Rate by Size of Building
Rent per Square Foot by Apartment Type
Rent per Square Foot by Apartment Unit Size
Estimate of Total Apartments by Year
New Apartment Units Added by Year
Vacancy Rates by Market Area by Apartment Type
Vacancy Rate by Apartment Type by Quarter
Median Rent by Apartment Type by Quarter
Average Rent by Size of Building by Quarter

VIII-1
VIII-1
VIII-2
VIII-2
VIII-3
VIII-3
VIII-4
VIII-4
VIII-5
VIII-5
VIII-6
VIII-6
VIII-7
VIII-7

Tables
Vacancy Rates by Market Area
Vacancy Rates by Size of Building by Market Area
Vacancy Rates by Size of Apartment Unit by Market Area
Vacancy Rates by Age of Building by Market Area
Vacancy Rates by Apartment Type by Market Area

VIII-8
VIII-9
VIII-9
VIII-10
VIII-10

Average Rents by Apartment Type by Market Area


Average Rents by Age of Building by Market Area
Average Rents by Size of Building by Market Area
Median Rents by Apartment Type by Market Area

VIII-11
VIII-11
VIII-12
VIII-12

Average Rent per Square Foot by Apartment Type by Market Area


Average Rent per Square Foot by Apartment Unit Size by Market Area

VIII-13
VIII-13

Rental Losses by Size, Age and Market Area


Economic Vacancy Rates by Size, Age and Market Area

VIII-14
VIII-14

Average Rents for Boulder/Broomfield County


Average Rent for Apartment Building/Community Features and Amenities

VIII-15
VIII-16

Apartment Unit Absorption by Quarter and Year


Estimate of New Apartments by Quarter
Monthly Resident Turnover by Size, Age and Market Area

VIII-17
VIII-17
VIII-18

Vacancy Rates During the Current Quarter - Jefferson County Cumulative Totals
Vacancy Rates During the Current Quarter - Arvada
Vacancy Rates During the Current Quarter - Golden
Vacancy Rates During the Current Quarter - Lakewood North
Vacancy Rates During the Current Quarter - Lakewood South
Vacancy Rates During the Current Quarter - Wheat Ridge

VIII-19
VIII-20
VIII-21
VIII-22
VIII-23
VIII-24

Market Area Descriptions and Census Tracts

VIII-25

625.00

VIII-1

Quarter

15 Q3

15 Q1

14 Q3

14 Q1

13 Q3

13 Q1

12 Q3

12 Q1

11 Q3

11 Q1

10 Q3

10 Q1

09 Q3

09 Q1

08 Q3

08 Q1

07 Q3

07 Q1

06 Q3

06 Q1

05 Q3

05 Q1

04 Q3

04 Q1

03 Q3

03 Q1

02 Q3

02 Q1

01 Q3

01 Q1

00 Q3

00 Q1

99 Q3

99 Q1

98 Q3

96 Q1
96 Q2
96 Q3
96 Q4
97 Q1
97 Q2
97 Q3
97 Q4
98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1
14 Q2
14 Q3
14 Q4
15 Q1
15 Q2
15 Q3
15 Q4

0.0

98 Q1

Rent (in dollars)

Percent Vacant

Vacancy Rate by Quarter


for Jefferson County

12.0

10.0

8.0

6.0

4.0

2.0

Quarter

Average Rent by Quarter


for Jefferson County

1325.00

1225.00

1125.00

1025.00

925.00

825.00

725.00

Vacancy Rate by Market Area by Quarter


for Jefferson County
20
15 Q1

Percent Vacant

18

15 Q2

16

15 Q3

14

15 Q4

12
10
8
6
4
2
0
Arvada

Golden

Lakewood North

Lakewood South

Wheat Ridge

Jefferson County
Average

Market Area

Average Rent by Market Area by Apartment Type


for Jefferson County
2000

Efficiency

1 Bed

2 Bed, 1 Bath

2 Bed, 2 Bath

3 Bed

All

1800

Rent (in dollars)

1600
1400
1200
1000
800
600
400
200
0

Arvada

Golden

Lakewood North

Lakewood South

Market Area
VIII-2

Wheat Ridge

Jefferson County
Average

Vacancy Rate by Age of Building


for Jefferson County
40
15 Q1

35

15 Q2
15 Q3

Percent Vacant

30

15 Q4

25
20
15
10
5
0
To 1939

1940-49

1950-59

1960-69

1970-79

1980-89

1990-99

2000-09

2010 up

Year Built

Vacancy Rate by Size of Building


for Jefferson County
12
15 Q1
15 Q2

10

15 Q3

Percent Vacant

15 Q4

0
Up to 8

9 to 50

51 to 99

100 to 199

Number of Units in Building

VIII-3

200 to 349

350 up

Rent per Square Foot by Apartment Type


for Jefferson County

Rent per Square Foot (in dollars)

2
1.8

15 Q1

15 Q2

15 Q3

15 Q4

1.6
1.4
1.2
1
0.8
0.6
0.4
0.2
0
Efficiency

One Bedroom

Two Bed, One


Bath

Two Bed, Two


Bath

Three Bed

Average

Apartment Type

Rent per Square Foot by Apartment Unit Size


for Jefferson County
2.5

Rent per Square Foot (in dollars)

15 Q1
15 Q2

15 Q3
15 Q4

1.5

0.5

0
499 below

500 to 749

750 to 999

Apartment Unit Size (in square feet)

VIII-4

1000 above

700

0
96 Q1
96 Q2
96 Q3
96 Q4
97 Q1
97 Q2
97 Q3
97 Q4
98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1
14 Q2
14 Q3
14 Q4
15 Q1
15 Q2
15 Q3
15 Q4

36000

96 Q1
96 Q2
96 Q3
96 Q4
97 Q1
97 Q2
97 Q3
97 Q4
98 Q1
98 Q2
98 Q3
98 Q4
99 Q1
99 Q2
99 Q3
99 Q4
00 Q1
00 Q2
00 Q3
00 Q4
01 Q1
01 Q2
01 Q3
01 Q4
02 Q1
02 Q2
02 Q3
02 Q4
03 Q1
03 Q2
03 Q3
03 Q4
04 Q1
04 Q2
04 Q3
04 Q4
05 Q1
05 Q2
05 Q3
05 Q4
06 Q1
06 Q2
06 Q3
06 Q4
07 Q1
07 Q2
07 Q3
07 Q4
08 Q1
08 Q2
08 Q3
08 Q4
09 Q1
09 Q2
09 Q3
09 Q4
10 Q1
10 Q2
10 Q3
10 Q4
11 Q1
11 Q2
11 Q3
11 Q4
12 Q1
12 Q2
12 Q3
12 Q4
13 Q1
13 Q2
13 Q3
13 Q4
14 Q1
14 Q2
14 Q3
14 Q4
15 Q1
15 Q2
15 Q3
15 Q4

Number of Apartment Units

Number of Apartment Units

Estimate of Total Apartments by Year


for Jefferson County

45000

44000

43000

42000

41000

40000

39000

38000

37000

Year

New Apartment Units Added by Year


for Jefferson County

900

800
776

670

600
595
641

500
514

400
446
364

300

200

227

100

12

4635

4
356
397
394

286 295 280

114 120
70

600
379
428

233

276

159

228
220

48

61

24
0000000

75

120

00

VIII-5

0000

Year

7260

000

83 91

30
00000000

110

56

15
0

0000

95

Vacancy Rates by Market Area by Apartment Type


for Jefferson County
14
Efficiency
One bedroom
Two bed, one bath
Two bed, two bath
Three bedroom
All

12

Percent Vacant

10
8
6
4
2
0
Arvada

Golden

Lakewood North

Lakewood South

Wheat Ridge

Jefferson County
Average

Market Area

Vacancy Rate by Apartment Type by Quarter


for Jefferson County
7
15 Q1

15 Q2
15 Q3

Percent Vacant

15 Q4

4
3
2
1
0
Efficiency

One Bedroom

Two Bed, One Bath Two Bed, Two Bath

Apartment Type

VIII-6

Three Bed

Average

Median Rent by Apartment Type by Quarter


for Jefferson County
1800
15 Q1

1600
1400

15 Q2
15 Q3

Rent (in dollars)

15 Q4

1200
1000
800
600
400
200
0
Efficiency

One Bedroom

Two Bed, One BathTwo Bed, Two Bath

Three Bed

Average

Apartment Type

Average Rent by Size of Building


for Jefferson County
1600
1400

$1,280.58
$1,121.31

Rent (in dollars)

1200
1000

$965.73

$891.64

800
600
400
200
0
Up to 6 units

7 - 36 units

37 + units

Size of Building

VIII-7

5 Story or More

Vacancy Rates by Market Area for Jefferson County


First Figure = Rate for Quarter in Percent
Second Figure = Change from Year Ago
Third Figure = Twelve Month Average
2006
County
Arvada

1st

2nd

3rd

2007
4th

7.9 9.2 7.9 6.2


-1.7 -0.4 0.3 -4.8
9.1 9.0 9.0 7.8
Golden
8.1 6.7 6.0 7.2
-2.1 -3.3 1.1 -0.1
7.5 6.7 7.0 7.0
Lakewood North
8.0 8.2 8.1 6.4
-1.6 0.9 1.4 -1.6
7.5 7.7 8.1 7.7
Lakewood South 6.1 6.4 6.6 6.6
-2.3 -0.9 0.1 0.1
6.6 6.4 6.4 6.4
Wheat Ridge
16.2 9.2 9.7 7.2
3.1 -3.9 -0.9 -3.6
12.7 11.7 11.5 10.6
Jefferson
7.5 7.3 7.2 6.6
County
-1.6 -0.7 0.5 -1.0
7.5 7.3 7.4 7.2

1st

2008

2nd

3rd

4th

1st

2nd

3rd

8.1 8.0
0.1 -1.2
7.9 7.5
5.3 10.4
-2.7 3.7
6.3 7.2
6.5 8.0
-1.5 -0.2
7.3 7.3
6.0 6.7
-0.1 0.3
6.4 6.5
6.7 6.9
-9.5 -2.3
8.2 7.6
6.3 7.4
-1.2 0.1
6.9 6.9

4.7
-3.3
6.7
5.5
-0.4
7.1
5.9
-2.2
6.7
5.3
-1.3
6.2
4.7
-5.0
6.4
5.3
-1.9
6.4

5.4
-0.8
6.5
5.5
-1.7
6.7
7.1
0.6
6.9
5.6
-1.0
5.9
8.6
1.4
6.7
6.0
-0.5
6.3

6.4
-1.7
6.1
5.8
0.4
6.8
6.2
-0.3
6.8
5.3
-0.7
5.7
6.1
-0.6
6.6
5.6
-0.7
6.1

6.0
-2.0
5.6
5.7
-4.8
5.6
8.1
0.1
6.8
5.2
-1.5
5.3
7.9
1.0
6.8
6.0
-1.4
5.8

5.1
0.4
5.7
5.1
-0.4
5.5
6.9
1.0
7.1
6.7
1.3
5.7
9.1
4.4
7.9
6.5
1.1
6.0

2009
4th

1st

2nd

3rd

2011

2010
4th

1st

2nd

3rd

5.6 8.1 6.7 5.7 7.3


0.1 1.8 0.8 0.6 1.7
5.8 6.2 6.4 6.5 7.0
8.4 7.5 9.4 8.1 7.5
2.8 1.7 3.7 3.0 -0.8
6.2 6.6 7.6 8.3 8.1
6.9 7.8 6.3 5.2 8.8
-0.2 1.6 -1.8 -1.8 2.0
7.0 7.4 7.0 6.5 7.0
7.6 7.0 6.5 6.2 6.4
1.9 1.8 1.4 -0.5 -1.1
6.2 6.6 6.9 6.8 6.5
9.2 12.2 12.5 9.2 11.7
0.6 6.1 4.6 0.1 2.5
8.1 9.6 10.7 10.8 11.4
7.3 7.6 7.2 6.3 7.3
1.2 1.9 1.2 -0.2 0.0
6.3 6.8 7.1 7.1 7.1

5.6
-2.6
6.3
7.5
0.0
8.1
5.9
-1.9
6.5
5.0
-2.0
6.0
13.9
1.8
11.8
5.8
-1.8
6.6

4.9
-1.9
5.9
6.0
-3.4
7.3
4.5
-1.7
6.1
5.4
-1.2
5.7
10.9
-1.7
11.4
5.4
-1.8
6.2

3.4
-2.3
5.3
3.8
-4.3
6.2
4.9
-0.2
6.0
3.8
-2.4
5.1
4.8
-4.4
10.3
3.9
-2.3
5.6

4th

2012

2013

2015

2014

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

4.5
4.4
-2.8 -1.1
4.6
4.3
6.2
6.1
-1.4 -1.3
5.9
5.5
4.8
5.1
-4.1 -0.7
5.0
4.8
4.2
4.6
-2.2 -0.4
4.6
4.5
3.8
2.7
-7.9 -11.2
8.4
5.6
4.5
4.7
-2.8 -1.1
4.9
4.6

3.8
-1.1
4.0
6.0
-0.1
5.5
4.2
-0.3
4.8
4.8
-0.6
4.3
3.4
-7.4
3.7
4.5
-0.9
4.4

4.9
1.5
4.4
4.8
1.0
5.8
4.9
-0.1
4.7
4.1
0.4
4.4
3.7
-1.1
3.4
4.4
0.5
4.5

4.6
0.1
4.4
3.9
-2.3
5.2
4.5
-0.2
4.7
4.4
0.1
4.5
3.9
0.1
3.4
4.4
-0.1
4.5

3.8
-0.6
4.3
4.2
-2.0
4.7
3.2
-1.9
4.2
4.0
-0.6
4.3
3.4
0.7
3.6
3.8
-0.9
4.3

1.9
-1.9
3.8
4.6
-1.3
4.4
3.7
-0.5
4.1
4.6
-0.2
4.3
3.6
0.1
3.7
4.0
-0.6
4.1

3.5
-1.4
3.4
2.6
-2.2
3.8
5.4
0.6
4.2
3.6
-0.6
4.1
2.3
-1.3
3.3
3.7
-0.7
4.0

4.1
-0.5
3.3
2.1
-1.8
3.4
4.3
-0.2
4.2
4.6
0.2
4.2
3.6
-0.3
3.2
4.2
-0.2
3.9

4.5
0.7
3.5
3.7
-0.4
3.3
4.9
1.7
4.6
3.2
-0.9
4.0
3.2
-0.2
3.2
3.7
-0.1
3.9

3.8
1.9
4.0
4.9
0.3
3.3
4.3
0.6
4.7
3.3
-1.3
3.7
3.2
-0.4
3.1
3.7
-0.3
3.8

3.4
-0.1
4.0
3.1
0.5
3.4
3.1
-2.3
4.2
4.0
0.4
3.8
2.5
0.2
3.1
3.6
-0.1
3.8

3.9
-0.2
3.9
3.6
1.5
3.8
3.4
-0.9
3.9
5.6
1.0
4.0
3.5
-0.1
3.1
4.6
0.5
3.9

4.2
-0.3
3.8
3.3
-0.4
3.7
3.2
-1.7
3.5
3.3
0.1
4.0
3.2
0.1
3.1
3.4
-0.3
3.8

3.2
-0.7
3.7
3.7
-1.2
3.4
3.4
-0.9
3.3
3.9
0.6
4.2
3.5
0.3
3.2
3.7
-0.1
3.8

4.5
1.1
4.0
2.1
-1.0
3.2
2.9
-0.3
3.2
2.9
-1.0
3.9
2.7
0.2
3.2
3.2
-0.4
3.7

2.9
-1.0
3.7
3.4
-0.2
3.1
3.9
0.5
3.4
4.5
-1.1
3.7
1.5
-2.0
2.7
3.8
-0.8
3.5

2.3
-1.9
3.2
3.8
0.4
3.2
2.2
-1.0
3.1
3.8
0.6
3.8
1.6
-1.7
2.3
3.2
-0.2
3.5

2.7
-0.5
3.1
6.5
2.8
3.9
2.6
-0.7
2.9
3.8
-0.1
3.8
1.6
-1.9
1.8
3.4
-0.2
3.4

3.9
-0.7
3.0
18.5
16.4
8.1
2.9
0.0
2.9
5.8
2.9
4.5
1.0
-1.7
1.4
5.1
1.9
3.9

4.4
1.5
3.3
8.5
5.1
9.3
6.2
2.2
3.5
4.6
0.1
4.5
2.6
1.1
1.7
5.3
1.4
4.2

Due to rounding of the vacancy rate, numbers may not always add exactly.

VIII-8

Vacancy Rates by Size of Building


by Market Area for Jefferson County

Vacancy Rates by Size of Apartment Unit


by Market Area for Jefferson County

(In Percent)

(In Percent)

County
Arvada

Golden

2015

Number of
Units

1st

2nd

3rd

4th

Up to 8

0.0

0.0

0.0

0.0
4.3

9 to 50

0.8

0.8

1.6

51 to 99

2.7

0.0

3.2

100 to199

1.5

3.5

1.6

4.4

200 to 349

2.5

2.4

2.8

3.1

350 up

4.0

2.8

10.1

7.1

Up to 8

0.0

0.0

0.0

0.0

9 to 50

0.9

5.3

5.3

0.0

100 to 199

5.5

3.4

78.5

39.0

200 to 349

4.0

7.6

3.1

3.2

Up to 8

0.0

17.2

0.0

3.6

9 to 50

2.4

2.1

1.3

1.0

51 to 99

3.2

1.3

4.7

20.9

100 to 199

2.5

3.7

2.0

4.2

3.1

19.4

350 up

2.0

1.4

3.2

3.3

Up to 8

0.0

0.0

9 to 50

4.2

1.6

1.6

0.0

51 to 99

2.1

1.1

3.8

100 to 199

2.7

2.7

200 to 349

3.4

350 up
Up to 8

County
Arvada

2015

Square Feet in
Unit

1st

2nd

3rd

4th

499 below

1.6

3.7

1.3

4.4

500 to 749

0.8

1.9

2.0

2.6

750 to 999

2.5

3.0

2.9

3.5

1000 above

3.7

2.7

9.8

8.2

499 below

0.0

0.0

0.0

0.0

500 to 749

4.4

5.8

3.4

0.0

750 to 999

3.6

4.6

18.0

8.3

1000 above

3.7

10.7

27.5

10.9

499 below

3.3

8.4

1.6

3.2

500 to 749

2.3

1.9

2.9

5.2

750 to 999

1.2

1.7

3.1

8.3

1000 above

2.9

1.7

2.9

5.9

499 below

0.0

2.5

500 to 749

2.8

2.3

2.9

2.9

3.2

750 to 999

3.7

4.2

6.7

4.5

1.8

2.4

1000 above

4.7

4.5

6.4

5.4

4.4

8.2

6.2

4.7

3.9

4.6

3.1

0.0

0.0

0.0

0.0

499 below

0.0

2.5

2.9

5.9

9 to 50

0.6

0.0

2.2

0.5

500 to 749

1.6

2.1

0.3

3.5

51 to 99

2.8

5.6

2.8

2.8

750 to 999

1.9

1.0

1.5

2.1

100 to 199

1.9

0.0

0.9

3.7

1000 above

0.7

1.2

0.6

1.0

200 to 349

1.2

1.4

1.1

3.6

350 up

2.2

2.5

0.0

Up to 8

0.0

10.5

0.0

1.8

499 below

1.7

5.5

1.5

3.9

9 to 50

1.9

1.7

1.9

1.1

500 to 749

2.4

2.2

2.5

3.8

Golden

51 to 99

350 up
Lakewood North

200 to 349
Lakewood South

Wheat Ridge

Jefferson County

Lakewood North

Lakewood South

Wheat Ridge

Jefferson County

51 to 99

2.7

1.4

3.9

7.8

750 to 999

3.1

3.5

5.9

5.6

100 to 199

2.5

3.0

7.9

6.2

1000 above

4.3

4.3

7.0

6.3

200 to 349

3.1

4.2

5.5

6.1

350 up

3.9

3.0

4.4

4.2

VIII-9

Vacancy Rates by Age of Building


by Market Area for Jefferson County

Vacancy Rates by Apartment Type


by Market Area for Jefferson County

(In Percent)

(In Percent)

County

2015

2015

4th

Apartment Type

1st

2nd

3rd

4th

0.0
4.0
3.7
2.4

Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
Other
All

1.9
1.9
1.7
3.8
4.0
0.0
2.3
0.0
5.5
0.0
2.2
4.2

2.9
2.8
2.6
2.1
3.7
8.3
2.7
0.0
4.8
5.9
8.6
5.6

4.4
2.9
1.6
10.3
2.7

3.8
4.9
2.4
1.1
2.6
1.2
5.6
2.2
2.9
3.7
4.3
4.2
2.8
1.3
3.8
0.0
1.7
1.7
2.3
1.0
0.0
1.6
2.4
3.2
2.7
3.8
2.7
2.3
3.2

6.5
2.5
1.9
2.7
2.0
10.1
2.0
2.6
1.7
3.5
4.4
4.2
3.5
4.1
3.8
3.1
2.2
1.3
0.4
2.0
0.0
1.6
2.2
3.1
3.2
3.9
4.5
2.7
3.4

18.5
0.0
2.8
4.3
2.7
0.0
1.5
2.9
0.0
6.3
4.9
5.7
6.9
2.9
5.8
7.1
0.3
1.8
1.5
0.0
0.0
1.0
2.8
5.4
3.3
6.1
4.4
1.4
5.1

2.2
2.7
4.1
8.0
4.8
0.0
4.4
0.0
8.2
0.0
11.6
2.2
0.0
8.5
0.0
6.5
4.4
5.2
7.3
14.8
6.2
0.0
4.5
2.7
5.6
3.1
4.3
4.6
7.1
3.4
2.8
0.6
4.0
2.5
2.6
1.6
5.0
4.3
6.3
4.3
7.7
5.3

1.0
1.7

3.1
4.0
0.0
0.0
2.3

2.8
4.5
0.0
0.0
5.6

4.9
10.1
0.0
1.6

4.3
7.1
0.0
0.0
1.3

5.4
2.2

7.3
6.7

4.0
2.7
2.0
2.9

1.3
1.0
2.0
3.0

0.3
9.1

0.0
20.8

4.4
6.7
78.5
1.1
0.5
2.8
4.6
3.8
0.0
0.0

5.9
1.6
39.0
4.8
1.6
7.9
3.1
1.8
5.2
29.7

4.0
3.0
2.4
4.8
5.1

0.0
2.7
1.9
4.9
4.8

0.0
1.8
1.5
0.0

0.0
1.7
1.6

5.3
3.1
2.4
5.5
5.5
52.4
0.0
0.4
1.4
2.1

0.0
2.5
2.4
4.6
7.7
20.0
0.0
1.5
3.0
0.0

2.9
1.9
2.4
2.5
4.8
3.1
4.3

1.1
1.4
2.7
2.2
5.1
2.7
7.9

1.0
0.6
2.4
3.0
5.0
4.6
37.0

3.5
1.8
3.6
3.8
4.4
5.9
20.9

Golden

1.1
2.7
1.4

Lakewood North

0.5
1.8

Arvada

3rd

Lakewood South

2nd

Wheat Ridge

1st

Jefferson County

Jefferson County

Wheat Ridge

Lakewood South

Lakewood North

Golden

Arvada

County Year
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up

VIII-10

3.9
0.0
21.5
0.0
17.8
2.2

Average Rents by Apartment Type by


Market Area for Jefferson County

Average Rents by Age of Building by


Market Area for Jefferson County

(In Dollars)

(In Dollars)
2015

County
Arvada
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Golden
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Lakewood North
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Lakewood South
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Wheat Ridge
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Jefferson County
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

1st

2nd

2015
3rd

4th

1046.63
1002.92
1013.14
1491.63
1403.63
1133.83

1022.80
1041.81
1019.77
1522.70
1457.04
1144.37

1207.07
1100.21
999.49
1734.00
1484.97
1209.92

1197.53
1161.41
1048.53
1710.92
1527.64
1265.47

668.50
1307.39
1118.59
1483.04
1440.15
1368.37

581.25
1337.80
1325.59
1495.79
1605.99
1425.50

592.50
1329.96
1203.75
1595.93
1384.91
1446.45

692.50
1310.47
1271.50
1628.53
1399.36
1495.19

607.90
995.47
1110.80
1334.40
1443.58
1109.65

627.00
1053.84
1171.56
1394.32
1695.17
1177.90

767.64
1042.18
1195.54
1353.22
1613.42
1176.82

707.10
1093.00
1206.41
1413.23
1694.28
1225.57

878.40
1074.76
1126.25
1303.55
1650.20
1200.66

878.86
1121.34
1189.88
1407.40
1760.28
1268.44

987.50
1190.92
1314.22
1437.83
1830.15
1347.56

987.50
1153.59
1231.49
1398.71
1738.65
1298.73

768.63
826.34
938.33
971.41
1251.71
915.29

792.58
855.63
990.59
1042.26
1209.36
949.92

602.14
847.33
998.04
1059.44
1311.83
979.08

602.14
809.95
925.75
969.59
1149.20
907.44

846.10
1046.10
1073.07
1319.00
1529.28
1162.71

862.06
1088.19
1121.69
1405.67
1648.53
1216.96

941.04
1132.98
1190.20
1438.28
1698.30
1269.46

890.62
1132.00
1154.41
1439.09
1673.83
1266.47

County
Arvada

Golden

Lakewood North

Lakewood South

Wheat Ridge

Jefferson County

Year Built
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up
To 1959
1960-69
1970-79
1980-89
1990-99
2000-09
2010 up

1st
959.80
950.84

1360.27
1528.42
749.18
961.67
1033.29

2nd
883.77
980.43
1191.22

3rd

4th

764.70
898.54 929.10
983.67 1048.99
1361.00

1359.81 1551.64 1552.84


1588.83 1646.79 1646.68
739.17 820.00 804.44
1003.00
1217.40
1075.39 1113.49 1134.62

1589.35 1595.24 1454.48


2160.89 2179.11 2203.80
1845.64
873.01 903.64 979.06
917.04 898.69 1001.62
817.34 857.12 1130.50
1199.71 1205.42 1273.55
971.86
1312.67 1447.84 1389.01
997.73 1456.60 1002.27

1454.73
1908.63
1787.50
961.79
1023.01
1136.67
1335.05
1002.16
1386.77
1519.46

1061.60
1037.93
1172.59
1311.33
1315.74

745.26
1173.68
1350.53
1430.71
1363.49
1510.88
895.38 958.29
1029.23 1093.50
883.06 880.19
1033.85

743.42
1153.64
1237.98
1379.69
1387.65
1470.82
1006.71
821.49
904.45
1033.85

897.39
987.17
986.85
1215.17
1397.70
1452.38
1560.95

928.99
957.66
1091.68
1246.16
1347.89
1462.02
1596.41

870.38
976.05
871.16
858.85

847.45
959.37
983.68
1177.30
1338.92
1346.65
1499.24

1072.00
1030.58
1227.83
1377.01
1452.25

972.64
1037.69
1079.22
1277.28
1388.83
1444.07
1629.81

Rents are based on the units being unfurnished with tenants paying
electricity and gas.

Rents are based on units being unfurnished with tenants paying gas and
electricity.

Average rents do not reflect "rental losses" from discounts and


concessions.

Average rents do not reflect "rental losses" from discounts and concessions.

Average rent minus rental losses equals effective rent.

Average rent minus rental losses equals effective rent.

VIII-11

Average Rents by Size of Building by Market Area


for Jefferson County

Median Rents by Apartment Type by Market Area


for Jefferson County

(In Dollars)

(in dollars)

Number of Units

2015

2015

1st

2nd

3rd

4th

839.29
812.38
957.22
963.59
1180.42
1528.42

858.71
831.65
1252.45
983.35
1120.54
1374.06

981.76
840.40
975.78
966.16
1225.08
1646.79

905.39
849.04
1146.11
1244.01
1646.68

842.37
1353.50

856.32
1924.21

890.00
1943.70

959.00
907.67

100 to 199

1529.73

1655.44

1845.64

1787.50

200 to 349

1348.65

1340.90

1298.99

1485.49

Arvada
Up to 8
9 to 50
51 to 99
100 to 199
200 to 349
350 and up
Golden
Up to 8
9 to 50
51 to 99

350 and up
Lakewood North

1st

2nd

3rd

4th

1039.82
911.80
1015.19
1485.45
1268.08
1069.75

1108.64
1034.40
987.09
1558.36
1235.00
1087.22

1167.36
968.14
1020.84
1817.93
1288.65
1068.11

1167.36
1208.93
1043.90
1812.67
1350.00
1213.09

686.50
1432.42
1030.80

492.00
1431.20
1071.00

517.00
1268.58
1000.00

690.00
1344.80
1238.00

2 Bed, 2 Bath

1680.28

1708.15

1680.98

1589.83

3 Bed

1307.00

1366.00

1369.00

1379.00

All
Lakewood North

1429.20

1432.88

1275.54

1481.95

County
Arvada
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Golden
Efficiency
1 Bed
2 Bed, 1 Bath

Up to 8

942.18

1355.11

1000.81

927.79

Efficiency

609.16

591.00

763.48

668.71

9 to 50

823.23

863.99

929.77

972.81

1 Bed

1081.10

1087.08

1081.47

1105.90

51 to 99

970.17

938.82

1036.95

942.03

2 Bed, 1 Bath

1176.40

1147.33

1264.37

1276.75

100 to 199

916.28

949.33

1253.36

1268.91

2 Bed, 2 Bath

1431.10

1469.50

1372.26

1392.43

1023.11

1289.54

3 Bed

1605.96

1811.27

1683.62

1689.62

1228.74

1262.42

All
Lakewood South

1132.51

1198.45

1178.08

1223.47

200 to 349
350 and up
Lakewood South

1275.64

1348.61

Up to 8

695.00

725.00

9 to 50

864.46

945.25

770.79

777.22

51 to 99

Efficiency

909.63

885.47

988.00

988.00

1 Bed

1093.12

1210.10

1178.38

1099.74

991.11

1079.23

1155.36

1153.60

2 Bed, 1 Bath

1094.59

1254.39

1384.09

1266.00

100 to199

1065.43

1066.53

1156.18

1091.24

2 Bed, 2 Bath

1338.89

1431.20

1407.53

1344.65

200 to 349

1180.78

1248.71

1344.19

1316.91

3 Bed

1735.47

1768.67

1782.33

1803.94

350 and up
Wheat Ridge

1286.25

1415.89

1424.22

1349.77

All
Wheat Ridge

1150.97

1259.59

1326.98

1289.20

Up to 8

905.16

940.03

917.21

1019.10

Efficiency

766.63

766.63

588.92

588.92

9 to 50

810.38

818.40

885.62

892.36

1 Bed

840.90

836.13

814.38

796.05

51 to 99

761.32

833.33

892.45

892.45

2 Bed, 1 Bath

959.61

924.67

897.47

894.39

100 to199

920.53

1042.23

822.43

822.43

2 Bed, 2 Bath

200 to 349

893.75

890.25

902.17

947.83

3 Bed

1030.72

1068.53

1144.12

Up to 8

884.42

1171.36

966.31

946.16

Efficiency

9 to 50

890.00

944.04

968.09

911.83

1 Bed

350 and up
Jefferson County

All
Jefferson County

969.17

972.85

1006.03

986.16

1378.74

1279.37

1382.74

1162.50

878.63

911.57

933.74

892.16

903.53

881.23

982.00

758.50

1081.00

1107.41

1139.08

1099.29

51 to 99
942.78 1028.67 1058.36 1052.42
100 to 199
1037.51 1055.59 1180.51 1193.52
200 to 349
1169.92 1206.23 1278.09 1304.64
350 and up
1282.14 1368.94 1353.23 1323.67
Rents reflect units being unfurnished with tenants paying gas and
electricity.

2 Bed, 1 Bath
1032.65 1047.38 1241.92 1163.42
2 Bed, 2 Bath
1351.92 1430.85 1407.81 1418.94
3 Bed
1519.58 1656.00 1712.56 1597.89
All
1133.65 1216.11 1257.78 1256.32
Rents are based on units being unfurnished with tenants paying gas
and electricity.

Average rents do not reflect "rental losses" from discounts and


concessions.
Average rent minus rental losses equals effective rent.

Average rents do not reflect "rental losses" from discounts and


concessions.
Average rent minus rental losses equals effective rent.

VIII-12

Average Rent per Square Foot by Apartment Type


by Market Area for Jefferson County

Average Rent Per Square Foot by Apartment Unit Size


by Market Area for Jefferson County

(In Dollars)

(In Dollars)

County
Apartment Type
Arvada
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Golden
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Lakewood North
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Lakewood South
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Wheat Ridge
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All
Jefferson County
Efficiency
1 Bed
2 Bed, 1 Bath
2 Bed, 2 Bath
3 Bed
All

County

2015
1st

2nd

3rd

4th

1.86
1.45
1.22
1.37
1.26
1.35

1.96
1.53
1.24
1.44
1.35
1.43

2.01
1.61
1.18
1.57
1.31
1.47

1.99
1.66
1.24
1.61
1.40
1.52

1.12
1.74
1.35
1.49
1.30
1.57

1.68
1.79
1.55
1.50
1.45
1.63

1.71
1.72
1.60
1.55
1.28
1.62

1.17
1.62
1.65
1.46
1.30
1.52

1.61
1.53
1.25
1.40
1.19
1.40

1.64
1.62
1.33
1.44
1.35
1.48

2.01
1.63
1.42
1.42
1.30
1.50

1.83
1.68
1.41
1.44
1.35
1.53

1.84
1.44
1.28
1.25
1.29
1.35

1.86
1.52
1.36
1.35
1.37
1.43

1.65
1.56
1.45
1.36
1.43
1.46

1.65
1.52
1.38
1.32
1.37
1.41

2.16
1.37
1.16
1.06
1.19
1.26

1.97
1.42
1.24
1.16
1.15
1.33

1.48
1.38
1.20
1.15
1.22
1.24

1.48
1.34
1.13
1.08
1.12
1.19

1.84
1.47
1.25
1.28
1.27
1.36

1.87
1.54
1.32
1.37
1.35
1.44

1.90
1.60
1.40
1.39
1.37
1.48

1.75
1.58
1.36
1.38
1.36
1.46

Apartment Square Feet


Arvada
499 below
500 to 749
750 to 999
1000 above

2015
1st

2nd

3rd

4th

2.06
1.34
1.36
1.35

2.05
1.47
1.39
1.44

1.45
1.44
1.55

1.57
1.56
1.48
1.57

1.52
1.66
1.58
1.51

1.68
1.81
1.63
1.54

1.71
1.87
1.59
1.56

1.76
1.57
1.54
1.48

1.61
1.53
1.25
1.27

1.83
1.59
1.35
1.33

2.13
1.63
1.38
1.30

2.00
1.67
1.43
1.35

2.29
1.47
1.38
1.22

2.34
1.57
1.45
1.30

1.60
1.51
1.33

1.52
1.47
1.29

2.11
1.37
1.13
1.03

1.98
1.40
1.19
1.15

1.46
1.40
1.17
1.08

1.46
1.38
1.11
0.99

2.00
1.47
1.35
1.25

1.97
1.54
1.42
1.32

2.03
1.61
1.46
1.35

1.93
1.59
1.45
1.34

Golden
499 below
500 to 749
750 to 999
1000 above
Lakewood North
499 below
500 to 749
750 to 999
1000 above
Lakewood South
499 below
500 to 749
750 to 999
1000 above
Wheat Ridge
499 below
500 to 749
750 to 999
1000 above
Jefferson County
499 below
500 to 749
750 to 999
1000 above

Rents are based on units being unfurnished with tenants paying gas
and electricity.

Rents are based on units being unfurnished with tenants paying gas
and electricity.

Average rents do not reflect "rental losses" due to discounts and


concessions.

Average rents do not reflect "rental losses" due to concessions and


discounts.

VIII-13

Rental Losses by Size, Age


and Market Area for Jefferson County

Economic Vacancy Rates by Size, Age


and Market Area for Jefferson County

Includes Discounts and Concessions

Defined as Physcial Vacancy Plus Discounts and Concessions

Average Rent Minus Losses Equals Effective Rent

as a Percentage of Gross Potential Rent

(In Percent)

(In Percent)

2015
Building Type

1st

2nd

Building
3rd

4th

Up to 8

1.3 41.4 10.0

2.6

9 - 50

4.5

4.2

-0.2

0.9

51 - 99

16.2

9.4

6.5

3.8

1st

2nd

3rd

4th

Up to 6

1.3

51.9

10.0

5.4

9 - 50

6.4

5.9

1.7

3.7

51 - 99

19.0

10.8

10.4

6.6

Size (in units)

Size

100 - 199

6.9

200 to 349

12.7

350 up

Type

2015

4.0 22.8 17.3

100 - 199

9.4

6.9

30.7

20.1

6.9

7.3

7.4

200 to 349

15.8

11.1

12.8

10.3

5.9 12.2

5.5

6.0

350 up

9.8

15.2

9.8

8.9

Age (year built)

Age
To 1959

14.0

8.6 19.8 10.6

1960-69

To 1959

16.9

9.8

20.8

10.6

9.5

3.0

9.2

6.8

1960-69

11.4

4.4

9.8

6.8

1970-79

4.0

6.9

5.0

5.7

1970-79

6.5

9.6

7.5

5.7

1980-89

6.7 12.2

9.3 11.3

1980-89

9.2

14.4

12.3

11.3

1990-99

8.3

5.9

9.3

1990-99

13.1

13.6

10.9

9.3

2000-09

35.3

3.6 10.2

4.9

2000-09

38.4

6.3

14.8

4.9

9.6 31.0

2010 up

8.6

27.5

46.5

31.0

2010 up
Market Area
Arvada
Golden
Lakewood North
Lakewood South
Wheat Ridge

Average

8.4

4.4 19.6

21.5

5.3

4.3

2.3

Market Area
Arvada

23.8

8.0

8.2

6.3

7.8

0.0

6.2

8.0

Golden

11.5

6.6

24.7

18.9

8.6 12.2

Lakewood North

12.6

19.4

11.4

18.3

9.5

2.3

Lakewood South

8.8

12.3

15.3

7.9

7.3 11.6

6.4

Wheat Ridge

12.4

9.0

12.6

8.5

8.8

5.5

Average

11.9

12.2

13.9

11.1

10.4 16.7
5.0
10.9

8.7

8.5

8.8

VIII-14

Average Rents for Jefferson County


(in dollars)

Efficency
Market Area Totals
Arvada
Golden
Lakewood North
Lakewood South
Wheat Ridge
Jefferson County Average
Buildings with up to 6 Units
Arvada
Golden
Lakewood North
Lakewood South
Wheat Ridge
Jefferson County Average
Buildings with 7 to 36 Units
Arvada
Golden
Lakewood North
Lakewood South
Wheat Ridge
Jefferson County Average
Buildings with 37 and Above Units
Arvada
Golden
Lakewood North
Lakewood South
Wheat Ridge
Jefferson County Average
Buildings with 5 Stories and Above
Arvada
Golden
Lakewood North
Lakewood South
Wheat Ridge
Jefferson County Average

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

1048.53
1271.50
1206.41
1231.49
925.75
1154.41

510.00

777.50
1056.40

1022.86
1535.00
773.65

1280.00

933.64
988.20
935.68

987.00
942.36

1175.00
936.07

1280.00

1112.33
965.73

706.00
916.41
861.09
727.50
745.29
814.39

876.09
1152.00
895.84
824.50
936.82
903.50

1098.75
950.00
944.67
975.75

1228.18

1131.25

890.00
1142.80

1131.25

890.04
909.56
936.43
777.22
848.29
891.64

1165.95
1344.03
1103.04
1158.41
825.95
1141.61

1061.09
1725.00
1280.34
1244.94
914.06
1181.10

1710.92
1628.53
1414.64
1398.88
972.14
1440.96

1559.55
1399.36
1747.04
1738.65
1160.00
1689.57

1719.00
2112.50
1258.63
1343.81
1006.54
1407.87

1278.04
1535.97
1248.25
1303.46
916.90
1280.58

630.00
729.55

1197.53
697.04
987.50
600.00
936.56

1719.00
2112.50
1235.23
1343.81
1006.54
1385.19

All

1161.41
1310.47
1093.00
1153.59
809.95
1132.00

724.71
775.00

1527.64
1399.36
1694.28
1738.65
1149.20
1673.83

Other

1197.53
692.50
707.10
987.50
602.14
890.62

510.00

1710.92
1628.53
1413.23
1398.71
969.59
1439.09

3 Bed

1057.00

1265.47
1495.19
1225.57
1298.73
907.44
1266.47

1060.00

1187.00

1121.31

1060.00

1187.00

1121.31

VIII-15

Average Rent for Apartment Building/Community Features and Amenities in Jefferson County
(In Dollars)
With Feature/Amenity
Feature/Amenity

Efficiency

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

Without Feature/Amenity
3 Bed

All

Efficiency

1 Bed

2 Bed
1 Bath

2 Bed
2 Bath

Difference
3 Bed

All

Outside Storage

1047.85

1178.34

1219.26

1482.24

1686.25

1327.18

801.33

1087.40

1109.53

1385.97

1661.39

1206.93

120.25

Patio or Balcony

1058.81

1182.25

1230.31

1496.80

1771.15

1331.92

670.45

895.60

998.87

1122.49

1348.66

1021.34

310.58

920.63

1190.30

1287.24

1472.46

1803.85

1340.36

886.30

1046.02

1042.61

1383.18

1537.03

1169.42

170.95

Nine-Foot Ceilings

1184.34

1232.34

1275.68

1540.27

1865.37

1394.98

718.06

1001.50

1108.71

1286.01

1442.49

1129.05

265.93

Swimming Pool

1017.27

1167.44

1217.51

1491.81

1729.85

1316.13

682.19

881.42

968.46

1131.53

1349.54

1014.79

301.34

Spa or Sauna

1197.53

1234.35

1279.98

1562.84

1923.02

1391.07

722.20

989.59

1080.65

1265.55

1511.66

1130.10

260.98

Exercise Room

1149.81

1197.32

1254.73

1511.62

1773.55

1352.97

679.57

916.55

1010.92

1178.26

1329.98

1033.93

319.03

Sport Court

987.50

1160.54

1302.66

1437.43

1793.12

1308.28

882.34

1121.98

1116.17

1439.57

1628.17

1253.88

54.40

Microwave

1159.35

1235.65

1335.71

1558.70

1907.64

1403.53

685.35

997.92

1088.78

1272.88

1500.85

1130.93

272.60

Washer/Dryer Hookups

1197.53

1233.54

1286.45

1528.13

1837.42

1388.94

722.20

988.72

1079.57

1289.13

1420.14

1117.65

271.29

Garbage Disposal

918.89

1156.48

1186.30

1486.73

1713.02

1298.57

719.44

883.69

986.35

1136.59

1379.16

1041.31

257.26

Dishwasher

936.59

1159.54

1198.89

1486.97

1726.54

1303.99

693.33

880.39

972.82

1136.10

1351.77

1030.24

273.75

Air Conditioning

919.08

1157.71

1201.73

1486.73

1726.54

1303.10

706.47

882.98

970.18

1136.59

1351.77

1033.27

269.83

Ceiling Fan

991.07

1152.72

1221.23

1488.84

1760.69

1312.27

701.14

1072.97

1003.24

1308.67

1374.32

1150.69

161.57

1301.58

1339.12

1583.64

1986.62

1466.59

890.62

1077.48

1142.10

1387.64

1601.29

1213.27

253.32

Fireplace

Attached Garage
Covered Parking

1159.35

1189.65

1278.82

1486.44

1810.56

1338.60

685.35

1052.04

1043.10

1374.31

1474.15

1179.87

158.72

Clubhouse

1124.90

1199.40

1242.28

1516.66

1747.88

1352.81

674.09

966.60

1016.01

1221.57

1384.47

1066.79

286.01

Business Center

1149.81

1208.57

1273.28

1510.23

1777.50

1364.75

679.57

920.78

1014.17

1178.07

1311.76

1028.70

336.05

959.07

1171.82

1226.84

1491.51

1723.24

1319.91

659.31

856.48

949.66

1129.80

1354.52

998.70

321.21

1019.28

1178.30

1237.83

1500.48

1740.56

1328.80

685.82

900.03

982.11

1180.43

1381.92

1037.94

290.86

1251.25

1464.09

1570.07

1985.30

1432.80

890.62

1121.48

1133.29

1428.79

1643.97

1253.38

179.42

Pets Allowed
Resident Pays Sewer/Water
Unit Security/Alarm System
Handicapped Access

1013.49

1171.55

1251.09

1504.21

1786.78

1332.06

813.44

1075.12

1099.37

1346.92

1562.62

1191.23

140.82

Heat Included in Rent

707.96

899.62

954.08

1060.00

1152.44

923.93

939.94

1136.98

1162.17

1441.31

1679.08

1273.29

-349.36

VIII-16

Apartment Unit Absorption by Quarter and Year for Jefferson County

2012

2013

2014

2015

Units to Start Quarter/Year


Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year
Units to Start Quarter/Year
Units Added this Quarter
Total Units Available
Quarterly Vacancy Rate
Units Rented
Units Vacant
Number Absorbed this Quarter/Year

First
41677
0
41677
3.8%
40092
1585
231
42105
0
42105
3.7%
40556
1549
215
42271
0
42271
3.4%
40827
1444
518
43094
220
43314
3.2%
41932
1382
495

Second
41677
428
42105
4.0%
40018
1659
-74
42105
0
42105
3.7%
40539
1566
-17
42271
595
42866
3.7%
41298
1568
471
43314
641
43955
3.4%
42452
1503
520

Third
42105
0
42105
3.7%
40543
1562
525
42105
110
42215
3.6%
40698
1517
159
42866
0
42866
3.2%
41497
1369
200
43955
95
44050
5.1%
41796
2254
-657

Fourth
42105
0
42105
4.2%
40341
1764
-202
42215
56
42271
4.6%
40310
1961
-388
42866
228
43094
3.8%
41436
1658
-61
44050
0
44050
5.3%
41725
2325
-71

Due to rounding of the vacancy rate, numbers may not always add exactly.
Quarterly absorption totals will not equal year-end total because absorption is the change from time period to time period.
Comparisons should be made using comparable time periods, quarter to quarter or year-end to year-end.

Estimate of New Apartments by Quarter for Jefferson County


Beginning
Inventory
2008 1st
2nd
3rd
4th
2009 1st
2nd
3rd
4th
2010 1st
2nd
3rd
4th
2011 1st
2nd
3rd
4th
2012 1st
2nd
3rd
4th
2013 1st
2nd
3rd
4th
2014 1st
2nd
3rd
4th
2015 1st
2nd
3rd
4th

Units Added

41458
41458
41458
41488
41488
41488
41488
41488
41488
41488
41488
41488
41571
41571
41662
41662
41677
41677
42105
42105
42105
42105
42105
42215
42271
42271
42866
42866
43094
43314
43955
44050

VIII-17

0
0
30
0
0
0
0
0
0
0
0
83
0
91
0
15
0
428
0
0
0
0
110
56
0
595
0
228
220
641
95
0

Ending
Inventory
41458
41458
41488
41488
41488
41488
41488
41488
41488
41488
41488
41571
41571
41662
41662
41677
41677
42105
42105
42105
42105
42105
42215
42271
42271
42866
42866
43094
43314
43955
44050
44050

Year-End
41677
428
42105
4.2%
40337
1768
475
42105
166
42271
4.6%
40310
1961
-27
42271
823
43094
3.8%
41436
1658
1127
43094
956
44050
5.3%
41725
2325
289

Monthly Resident Turnover


By Size, Age of Building, and Market Area
for Jefferson County
(In Percent)

2015
Building Type

1st

2nd

3rd

4th

6.5

1.6

2.6

4.3

Size
Up to 8
9 - 50

3.0

2.9

2.8

1.6

51-99

1.9

3.3

5.8

2.5

100 - 199

3.2

5.7

4.8

2.9

200 to 349

3.6

4.9

5.3

4.3

350 up

3.7

5.2

5.4

4.0

7.2

2.8

10.7

3.4

Age
To 1959
1960-69

2.2

2.3

2.5

4.1

1970-79

3.4

4.7

5.5

3.5

1980-89

3.4

6.0

5.1

4.0

1990-99

3.7

4.6

5.1

4.2

2000-09

4.2

6.4

5.9

4.4

2010 up

3.8

5.2

4.5

3.4

Market Area
Arvada

2.9

5.6

7.1

3.8

Golden

3.0

9.0

3.7

4.5

Lakewood North

3.5

5.4

5.2

3.4

Lakewood South

3.8

4.7

5.0

3.9

Wheat Ridge

3.4

3.7

4.3

3.1

County Average

3.6

5.0

5.1

3.9

VIII-18

Vacancy Rates During the Current Quarter


Jefferson County

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

Percent Vacant

7.7%

1
21
12

0.0%
0.0%
0.0%

11
8

0.0%
0.0%

Total

Percent Vacant

Total

0.0%

20
22
11
4
18

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
2.5%
5.1%
0.0%
2.4%
0.0%
2.5%
3.8%
3.2%
3.6%
6.9%
3.2%
3.3%
1.9%
3.3%
0.0%
4.5%
6.5%
4.3%
12.1%
8.3%

20
19
57
31

306
317
365
546

6.5%
6.0%
15.6%
5.7%

183
15
204

3.8%
0.0%
14.2%

4
2

0.0%

0.0%

10

0.0%

12

Percent Vacant

9
1
6
13
131
40
41
61
161
39
63
164
128
122
160
188
444
175
506
553
371
120
3
449
340
256
33
218

4
2

Two Bedroom
Two Bathroom

0.0%

1
3
1
1
2
15
22
13
31
46
65
28
22
145
22
73
127
97
44
210
34
283
37
21
202
156
113
85
81
90
72
265
173
14

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
1.5%
0.0%
0.0%
2.1%
0.0%
4.1%
9.4%
0.0%
0.0%
1.9%
0.0%
4.2%
2.7%
4.8%
16.3%
7.1%
2.7%
3.5%
16.0%
4.4%
0.0%
1.5%
3.5%
14.3%

133
71
24
6
42

3.0%
0.0%
0.0%
0.0%
7.1%

Three Bedroom

Percent Vacant

Total

0.0%

8.3%

3
6
6
16
12
16
18
7
4

29

3
3
12

4
12
1
1
33
11
3
3
13
4
4
6
2
4

24

Total
Percent Vacant

Total

2
4
6
11
5
11
24
1
6
13
12
9
5
10
1

0.0%

1
1
2
3
8
6
11
12
17
16
108
64
18
59
39
40
34
55
171
227
152
357
191
97
415
66
104
277
325
122
56
255
48

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.9%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
3.6%
2.3%
0.0%
3.9%
3.1%
2.6%
11.3%
5.8%
1.5%
5.8%
4.7%
3.7%
7.4%
8.9%
3.9%
2.1%

24

1
2

43
26

542
260

7.9%
10.0%

1
19

12
183

8.3%
10.4%

12.5%

336

6732

5.0%

126

2897

2
8
2

0.0%
12.5%
0.0%

1
25
13
1
2
2
58
15
12
8
35
40
5
2
54
1
28
36
108

0.0%
4.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
2.5%
0.0%
0.0%
13.0%
0.0%
0.0%
11.1%
0.0%

11

0.0%

52

5.8%

2
3

1
3

0.0%

11

1.6%

0.0%
0.0%

4.3%

3
43
311

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VIII-19

10
4
125
158
132

111
71
4968

10.0%
25.0%
19.2%
11.4%
8

73
88

0.0%
9.1%

88

3.4%

3
8
39

35
95
903

8.6%
8.4%
4.3%

24

100.0%

2
1
5
49
10
2
24
5
24
6
1
5
6
26
6

0.0%
0.0%
0.0%
4.1%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
7.7%
0.0%

11
32
4
1
5

0.0%
0.0%
0.0%
0.0%
0.0%

71
1
11

2.8%
0.0%
27.3%

0.0%

12

8.3%

12

0.0%

8.3%

2.7%
60.6%
6.3%

34

81
439

0.0%
7.7%

Percent
3

0.0%

0.0%

0.0%

1
1
24
18
8
11
3

1
25
2
8
37
158
62
66
101
209
131
99
192
289
159
256
380
669
285
760
659
719
203
60
769
686
623
278
658
350
534
1013
613
704
317
717
211
349
262
120
36
650
260
35
24
235
14
10
4
125
231
88
132
88

0.0%
4.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
1.9%
20.6%
0.0%
2.1%
1.0%
1.9%
3.5%
5.3%
2.5%
4.2%
2.6%
2.9%
2.6%
2.5%
1.7%
7.3%
5.4%
2.6%
4.7%
6.4%
2.6%
6.0%
4.6%
10.4%
5.5%
4.4%
3.5%
4.3%
12.6%
3.8%
3.3%
11.1%
6.6%
10.0%
8.6%
8.3%
9.4%
0.0%
10.0%
25.0%
19.2%
7.8%
9.1%
8.3%
3.4%

6
51
848

146
247
16066

4.1%
20.6%
5.3%

1
1
24
18

127

Total

0.0%

Other

Percent Vacant

0.0%

13

33

Two Bedroom
One Bathroom

4
27
4
3
3
9
20
17
12
20
19
19
5
1
56
37
16
13
42
9
32
47
64
39
14
25
9
44
10
4
4
43
26
3
2
22

Vacancy Rates During the Current Quarter


Arvada

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

4
1

0.0%
0.0%

8
12
9
14
15
6
27
13
10
70
23
6
2
24

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
7.4%
0.0%
0.0%
0.0%
13.0%
0.0%
0.0%
0.0%

111

3.6%

Total

1
1
1

3
4

33

0.0%

8
2

56

3.6%
2
6
2

12

1
1
1
1
1
4
1
9
26
23
9
13
13
24
16
18
11
9
13
179
7
99
10
11
65
8
5
29
17
10

Percent Vacant

Total

Three Bedroom

Percent Vacant

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
4.2%
0.0%
5.6%
9.1%
0.0%
0.0%
1.7%
0.0%
1.0%
0.0%
0.0%
12.3%
0.0%
0.0%
6.9%
35.3%
20.0%

Total

159

1.9%

177

3.4%

21

Other
Total

45

2.2%

20

747

2.7%

27

655

12.5%

0.0%

0.0%

50
1
1
1
2
7

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
5.6%
0.0%
0.0%
1.1%
7.7%
4.2%
7.7%
0.0%
0.0%
1.7%
4.0%
1.0%
0.0%
0.0%
8.2%
0.0%
3.3%
6.5%
35.3%
3.3%
7.7%
0.0%
0.0%
1.9%
0.0%
2.8%

31

16.1%

55

12.7%

21

9.5%

12

0.0%

112

1.8%

24

8.3%

Percent

1
5
2
1
9
16
10
23
41
29
36
26
23
94
39
24
13
33
13
179
126
99
10
11
98
9
61
31
17
60
13
1
1
161
7
289

3
5
1

2
2
6
2
1

9.5%

4.1%

Total

1
3
1
1

12

Total
Percent Vacant

8.3%

Percent Vacant

0.0%

18

146

12.3%

18

146

12.3%

11

132

8.3%

11

132

8.3%

33

414

8.0%

87

22
1999

0.0%
4.4%

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VIII-20

22
126

0.0%
4.8%

12

0.0%

Vacancy Rates During the Current Quarter


Golden

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Efficiencies

One Bedroom

Total

Total

Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

Percent Vacant

Total

Three Bedroom

Percent Vacant

Total

Other

Percent Vacant

Total

Total
Percent Vacant

Total

Percent

0.0%

0.0%

12

0.0%

12

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

23
3
7
5
17
15
18
16
5

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

0.0%

1
2

0.0%
0.0%

23
3
7
6
19
15
24
25
13
8
10
23
13
23
20
8
29
9
7
8
168
7
5
4
5

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
37.5%
6.0%
0.0%
0.0%
0.0%
0.0%

206
1
6
4
118

14.1%
0.0%
0.0%
25.0%
4.2%

0.0%

111
152
1102

2.7%
28.3%
8.5%

0.0%

0.0%

3
10

157

6.4%

29

204

14.2%
2

1
1

0.0%
0.0%

2
9
8
8
8
23
12
21
18
8
21
7
4
7
3
1
1
1

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
42.9%
0.0%
0.0%
0.0%
0.0%

0.0%
1
5

20

0.0%

39

476

8.2%

16

118

0.0%

2
3
1
8
6
4
3
5

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

2
1
4
4

0.0%
0.0%
0.0%
25.0%

3
10

29

1
5

4.2%

0.0%

0.0%

3
43
54

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VIII-21

111
71
464

2.7%
60.6%
11.6%

45

2.2%

81
81

0.0%
0.0%

3
43
94

Vacancy Rates During the Current Quarter


Lakewood North

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Efficiencies

One Bedroom

Total

Total

Percent Vacant

21

0.0%

0.0%

5
5

74

6.8%

10

185

5.4%

6
3
42
7

132
40
66
24

4.5%
7.5%
63.6%
29.2%

12
2
2
5
4

Total

Percent Vacant

Total

0.0%

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
4.4%
0.0%
5.3%
13.3%
15.4%
4.5%
0.0%
3.3%
0.0%
2.2%

Two Bedroom
Two Bathroom

Percent Vacant

2
3
1
8
8
65
8
26
49
51
41
137
51
227
15
13
112
1
120
2
225

0.0%

Two Bedroom
One Bathroom

1
1
10
1

0.0%

1
11
16
1
1
16
8
6
7
26
5
17
21
32
31
15
21
38
8
10
6
72
4

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
38.1%
0.0%
0.0%
0.0%
0.0%
2.6%
0.0%
10.0%
0.0%
13.9%
25.0%

1
16

6
2
3

Three Bedroom

Percent Vacant

Total

0.0%

109

1687

6.5%

33

0.0%

1
1

0.0%
0.0%

1
1

0.0%
0.0%

5
3
4
4
8
16
5
16
19
8
14
17
9
4
10
5

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
5.9%
0.0%
0.0%
10.0%
0.0%
0.0%
3.6%
3.7%
5.8%

24

0.0%

25
173
14

0.0%
3.5%
14.3%

7
1
6

5
192
27
103

35
71
24
6
12

8.6%
0.0%
0.0%
0.0%
8.3%

1
2
3
1
1

21
14
32
147
48

4.8%
14.3%
9.4%
0.7%
2.1%

49

4.1%

1
2

12
18

8.3%
11.1%

1
17

2
4
69

0.0%
25.0%
24.6%

751

4.4%

47

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VIII-22

897

Total

Total
Percent Vacant

Total

0.0%

5.2%

0.0%

0.0%

0.0%

1
1
1

0.0%
0.0%
0.0%

0.0%

1
4
6

0.0%
0.0%
0.0%

0.0%

33

31

Other

Percent Vacant

52

24

100.0%

2
1
5
1
10
2
7
5
8
6
1
5
6
2
6

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

11

0.0%

4
1
5

0.0%
0.0%
0.0%

71

2.8%

11

27.3%

0.0%

0.0%

0.0%

6
2
6
1
2

25
14
17
10
18
81
41
33
56
86
52
163
77
277
64
42
154
68
142
28
254
88
84
16
190
32
137
261
268
150
6
127
87
67
153
62

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
58.5%
0.0%
0.0%
0.0%
0.0%
3.7%
10.4%
4.3%
3.1%
4.8%
3.2%
1.5%
2.8%
3.6%
2.4%
11.4%
7.1%
6.3%
5.3%
0.0%
4.4%
3.8%
18.3%
10.0%
0.0%
4.7%
2.3%
9.0%
0.7%
3.2%

33
49

0.0%
4.1%

1
5

12
70

8.3%
7.1%

1
17

2
4
69

0.0%
25.0%
24.6%

52

5.8%

7
231

15
3741

46.7%
6.2%

24

6
8
12
2
2
5
1
4
1
6
10
6
1
10
6
10
49
15

0.0%

5.8%

52

5.8%

7
13

15
179

46.7%
7.3%

29

196

14.8%

Percent

Vacancy Rates During the Current Quarter


Lakewood South

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Vacant

Efficiencies

One Bedroom

Total

Total

Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

Total

10

0.0%

1
1
110
21
11
28
1
4
1

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

6
2
10
5
9
7

120
29
144
266
330
368

5.0%
6.9%
6.9%
1.9%
2.7%
1.9%

15
5
4
4
8

222
108
126
33
33

6.8%
4.6%
3.2%
12.1%
24.2%

10
6
15
21

102
120
299
363

9.8%
5.0%
5.0%
5.8%

6
15

16.7%
0.0%

Percent Vacant

0.0%
0.0%
2.2%
0.0%
0.0%
0.0%
0.0%

94
22

3.2%
0.0%

19

5.3%

1
76
104
48
64
64
72
180

0.0%
1.3%
1.9%
2.1%
10.9%
3.1%
0.0%
1.7%

1
2
1
7
2
3

98

24

Total

Other

Percent Vacant

Total

1
4
5
10
5
8
17

3
9
7

1.0%

4
6
13
7
5
6
12
9
8
17
144
215
121
309
187
85
220
38

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
5.9%
2.8%
0.0%
4.1%
3.2%
2.7%
9.4%
7.7%
0.0%

180
192
108

1.7%
4.7%
6.5%

9
1

0.0%
0.0%

13
3

0.0%
0.0%

25
24

0.0%
4.2%

21

9.5%

24
32
75

0.0%
9.4%
0.0%

11

0.0%

128

2862

4.5%

25

938

0.0%

16
10
8
10
25
7
18
26
15
21
4
11
7
2

1
1
110
21
11
29
6
50
8
1
3
1
4
220
74
151
271
336
380
28
8
240
337
470
202
406
251
304
523
337
388
204
296
124
21

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
2.0%
0.0%
0.0%
0.0%
0.0%
0.0%
4.1%
2.7%
6.6%
1.8%
2.7%
1.8%
3.6%
0.0%
6.7%
3.0%
1.7%
5.0%
6.2%
2.8%
5.9%
5.0%
4.5%
5.4%
2.0%
3.7%
5.6%
9.5%

8.3%

32

0.0%

0.0%

31
32
375
211
35
12
165

0.0%
9.4%
8.3%
11.4%
8.6%
8.3%
10.3%

165

10.3%

12.5%

12.5%

56
12

12.5%
0.0%

12.5%
0.0%
13.9%

300
211

10.3%
11.4%

12.5%

2.7%

24

Percent

3
31
24
3
1
17

0.0%

Total

9
2
10
5
9
7
1

0.0%

17

10

Total
Percent Vacant

31
24
3

Three Bedroom

Percent Vacant

0.0%

1
5
46
7
1
3
1

Total

149

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VIII-23

2638

5.6%

12

8.3%

49
36

0.0%
13.9%

56
61
36

88

3.4%

88

3.4%

1
15

19
58
488

0.0%
1.7%
3.1%

1
320

19
58
7005

0.0%
1.7%
4.6%

69

4.3%

Vacancy Rates During the Current Quarter


Wheat Ridge

Rent Level
$000 to $225
$226 to $250
$251 to $275
$276 to $300
$301 to $325
$326 to $350
$351 to $375
$376 to $400
$401 to $425
$426 to $450
$451 to $475
$476 to $500
$501 to $525
$526 to $550
$551 to $575
$576 to $600
$601 to $625
$626 to $650
$651 to $675
$676 to $700
$701 to $725
$726 to $750
$751 to $775
$776 to $800
$801 to $825
$826 to $850
$851 to $875
$876 to $900
$901 to $925
$926 to $950
$951 to $975
$976 to $1000
$1001 to 1025
$1026 to 1050
$1051 to 1075
$1076 to 1100
$1101 to 1125
$1126 to 1150
$1151 to 1175
$1176 to 1200
$1201 to 1225
$1226 to 1250
$1251 to 1275
$1276 to 1300
$1301 to 1325
$1326 to 1350
$1351 to 1375
$1376 to 1400
$1401 to 1425
$1426 to 1450
$1451 to 1475
$1476 to 1400
$1501 to 1525
$1526 to 1550
$1551 to 1575
$1576 to 1500
$1601 to 1625
$1626 to 1650
$1651 to 1675
$1676 to 1600
$1701 to 1725
$1726 to 1750
$1751 to 1775
$1776 to 1800
$1801 to 1825
$1826 to 1850
$1851 to 1875
$1876 to 1900
$1901 to 1926
$1926 to 1950
$1951 to 1975
$1976 to 2000
$2000 and up
TOTALS

Efficiencies

One Bedroom

Total

Total

Vacant

Percent Vacant

Two Bedroom

Two Bedroom

One Bathroom

Two Bathroom

Percent Vacant

13

7.7%

0.0%

0.0%

5
2
6
9
8
10
88

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
4.5%

102

3.9%

Total

14

7.1%

237

5
3
3
2
2
2
1
92

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
2.2%

38
1

5.3%
0.0%

16
6
2

6.3%
0.0%
0.0%

0.0%

177

2.8%

0.0%

1
1

3.4%

Total

Three Bedroom

Percent Vacant

Total

Other

Percent Vacant

Total

Total
Percent Vacant

Total

Percent Vacant

Data is only for buildings with a Certificate of Occupancy. Rents are calculated as if units are unfurnished.

VIII-24

2
2
7
6
6
8
8
6
85
32

162

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
1.2%
0.0%

0.6%

18

5.6%

6
2
6
14
11
13
92
4
9
109
99
8
46
55
87
32
33
6
18

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
4.3%
0.0%
0.0%
3.7%
2.0%
0.0%
4.3%
3.6%
1.1%
0.0%
3.0%
0.0%
0.0%

28

3.6%

18

696

2.6%

4
2

0.0%

24

4.2%

25

4.0%

48

4.2%

2
2
1

17

0.0%

16

0.0%

81

2.5%

Percent

DEFINITION OF JEFFERSON COUNTY MARKET AREAS


AND CENSUS TRACTS

Market Area Boundaries:


Arvada

North: Jefferson; East Sheridan Blvd. and Boulder-Denver Turnpike;


South: Wheat Ridge and Colorado 58; West Jefferson County

Golden

North: Colorado 58; East and South: I-70; West: Jefferson County line

Lakewood-North

North: City of Wheat Ridge and Edgewater; East: Sheridan; South:


Alameda; West: I-70

Lakewood-South

North: Alameda; East: City and County of Denver boundary; South and
West: Jefferson County

Wheat Ridge

All of City of Wheat Ridge and City of Edgewater

Census Tracts:
Arvada

98.04 (pt), 98.05 (pt), 98.12 (pt), 98.14 (pt), 98.15 (pt 98.l8 (pt), 98.19
(pt), 98.20 (pt), 98.21 (pt), 102.04 (pt), 102.05 (pt), 102.06,
102.07,102.08 (pt), 102.99 (pt), 103.03 (pt), 103.04, 103.05, 103.06,
103.07

Golden

98.04 (pt), 98.08 (pt), 98.10 (pt), 99 (pt), 100 (pt), 101 (pt), 117.14 (pt)

Lakewood - North

98.07 (pt), 105.4 (pt), 108.3 108.98, 109.01 (pt), 109.02, 110, 111,
112.01, 112.01 (pt), 112.02, 113 (pt), 114, 115.50, 115.87,115.88,
116.01, 116.02, 117.13 (pt), 117.14 (pt)

Lakewood - South

117.01, 117.02, 117.08, 117.09 (pt), 117.10 (pt), 117.11, 117.12 (pt),
117.16, 117.17 (pt), 117.18 (pt), 117.19 (pt) 118.01, 118.03, 118.04 (pt),
119.04 (pt), 119.51 (pt), 119.83, 119.88, 120.33 (pt), 120.11 (pt), 120.15
(pt), 120.16 (pt), 120.17 (pt), 120.29 (pt), 120.50 (pt), 120.54 (pt)

Wheat Ridge,
Edgewater

Wheat Ridge - 98.05 (pt), 98.06 (pt), 103.08 (pt), 104.02 (pt), 104.05
(pt), 104.06 (pt), 105.02 (pt), 105.03, 105.04 (pt), 106.03 (pt), 106.04
(pt), 107.01, 107.02 (pt)
Edgewater - 107 (pt), 113, 114 (pt)